I am a newbie in real estate investing , An opportunity has been presented to invest/purchase a land which i would like to build a house on and eventually sell or hold as a rental . I have minimal construction experie...
I was curious for cash buyers, understand that this is subjective. What is the typically ARV that a cash buyer is willing to spend on a property?I have heard cash buyers typically will do a 66% ARV spend on a property...
Hi Everyone,I am currently in college with plans to become a real estate investor upon graduating. At the moment my course load is very light and I am therefore looking into completing the required courses for my real...
Hello BP friends, I am in the process of closing on my 1st investment property. Yaaah! My lender wants to know if I want to escrow my property and Homeowners insurance. I have no info on which is preferred and if escr...
Hey guys! First time poster here! I am just getting into the real estate world and wanted to get some advise. I am currently renting a 3 bedroom townhouse from a guy that mentioned to me, he wasn't happy with how it w...
Does anyone intentionally report higher taxable income (and obviously pay higher taxes) so they can qualify for financing, such as heloc or business line of credit?I understand there are alternative methods such as ha...
Hi everyone,
I'm looking for guidance on setting up my LLCs to be as tax-efficient as possible as I prepare for my first multifamily property purchase. I’m a high-income earner and just received a substantial tax bil...
I have a tenant move out mid June and would like to market the unit before move out to fill it by July 1st. So far I have only marketed empty units close by and organized one or two open houses followed by application...
Hello, my name is John Ellzey. I have been a landlord in one capacity or another since 1986. I currently am mid-renovation on a single family home. I'm a member of the Austin Real Estate Networking Club. I came across...
Hey ALLI am an investor in the Alabama market that comes across deeply discounted deals to wholesale quite often. Here lately I have noticed that my deals go to local buyers and I would like to build a network to incl...