Hi BP Community,My wife and I are planning to put our primary home on sale to move into an apt in a better neighborhood and we would like to use the capital gains towards investment properties. The apt would be tempo...
Looking for some help.My father passed away in 2007. He left no will and my mother's name was not on the deed, but she assumed the loan on the house (she's been paying it for 9 years now). I understand in Massachuset...
Hello fellow investors. I just started to invest in RE. I bought a 2 unit in La Grange, IL. My mortgage balance is 140k and it was appraised for 221k in April when I bought it. I am looking for advice. Should I do a c...
Good evening BP!I am a 21 year old Actuary Mathematics and Finance major at Kent State University. I grew up around Youngstown, Ohio which is about an hour and a half southeast of Cleveland. I have been reading post...
I am still learning a lot about real estate so I have a lot of questions. I’m planning on purchasing my first property with a family member to start off my portfolio within in the next year and a half. Should I consul...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $350,000
Cash invested: $50,000
Purchased this house to live in the upstairs rent out the basement. Soon I will be ...
I'm in the final stages of buying my first rental. This will be an owner occupied duplex. Since I can't include expenses for my unit for tax purposes, I'm wondering how I should handle accounting for my unit.
Shoul...
Hello, I am planning on getting my first rental property. My condo is worth $81K. I have $21K mortgage on it. It is my primary residence. I was planning on paying it off and save up a down payment, closing cost, 6 mon...
I am listed as a temporary employee for a company. I work 4 to 5 months a year and net around +/- 100k a year. I am planning on looking for foreclosed homes and trying the lease/option plan. Is there any way that I...
Goodmorning, i am planning my first fix and flip, the homes i am considering are from an auction. Is there anythign i should be ware about when buying homes for dirt cheap at the auction? Any information helps.