Alicia Kennedy
Thoughts on this deal?
This would be my first investment property. I was able to locate a 3 bedroom 2.5 bath townhome for sale via owner finance. Price 155kDown payment 10k plus 2k closingRate 8% Balance due in 5 years as a balloonPayment i...
Shane Pawich
Should I own a home before I decide to buy a rental or flip?
So I don’t really think I want to own my own home just yet. But I really want to get involved in real estate . Can i hear some pros in cons about this situation? I don’t want to buy a rental home and then not be able ...
Heidi M.
Dishwasher in a rental
I am in the process of renovating a kitchen that was trashed by a previous tenant that I inherited. The kitchen is small and there was previously no dishwasher. Will not providing a dishwasher make it difficult to r...
Derek Famulari
REO Property with Oil Tank Strategy
Hey BP Family! I am hoping to pick your brains on a strategy when negotiating a deal with a REO property with an inactive, underground oil tank on the property. Here is some background: The property is REO 2-Fam and l...
Sylvia Schumacher
Inspection - structural issues found - what to do and what to learn from it?
Hi all!
I am (was) in the process of buying a duplex out-of-state. A few weeks back, my agent reached out to me with a listing, I put in an offer and was taken up on it.
The listing wasn't too detailed and didn't ha...
Constancia R.
Scored a deal—what next?
About a month ago, we closed on a duplex that needed cosmetic work and a few minor repairs, which are almost done. I have searched through the forums but still can't decide what our next move will be.We paid cash and ...
Dominic Scatto
How soon should I post my property for rent for tax purposes?
***Please move post to the correct section, if this is in the wrong one. I apologize, in advance.***Hello,I know there have been other posts about when to post a property for rent, but none address the possible tax ad...
Dalton Chmelik
LLC or business structure for rental investment property?
Just curious how rental property investors structure their business. Would like to learn what the best business structures are for rental property investing.
Artur A.
Please help me to run a numbers for a deal (loan, HOA, rent)
I'm planning to buy a property in the Bay Area (Danville, Concord, Richmond area). If something happens in my life and I would need to move out after some time.I'm trying to calculate all numbers, that rent will cover...
Anita Parsa
Cons for selling our house to our LLC?
My husband and I are dipping our toes into rental real estate by renting out the family home that we've been in for over 22 years.We own the home outright. With 22 years of appreciation, we would be just under the li...