Questions for the smart Money and 1031 Exchange folks on the forum. Background: Property was bought via 1031 & is held in personal name (NOT LLC or S Corp:Small mortgage - roughly $42K. Current value around $300...
Happy New Year!
I am from Houston Metro and have been investing in out of state (OOS, or remote) for about 9 years. I own rental properties in five US states (UT, ID, CA, FL, TX). I started investing in 2012 and inv...
I'm completely new to this, I've been looking at properties for a few months now. Think I found one I want to pursue. I'm looking in Columbus, Ohio.
Looking for the expert opinions here!
Here it is:
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Thought I would throw this one out to the wisdom of the masses of the good people here on BP, and see if it can help me come to a decision.I won't bore you with all the details of a mismanaged property and non paying ...
Hi Everyone,I felt extremely frustrated recently as a relatively new landlord. I had unbelievably bad luck to meet two very bad tenant families in a row in 3.5 years as a new landlord. Because of my first tenants allo...
Hello community! New investor here. I am looking for my first investment property and I have seen a few with a realtor who happens to be a good friend of mine. I reached out to another realtor because she owns 20 rent...
Hello BP Friends! I'm ready to look at starting an LLC for my properties, but I've heard mixed advice about their necessity and benefits. I would be starting the LLC as a disregarded entity and reporting my profit/los...
Long time lurker... looking to get into RE investing, and running tons of numbers and am currently in the paralysis by analysis stage. I run numbers on some properties where things look good, but then it's a minimal a...
Today was my worst day ever landlording. I evicted a 86 year-old lady and her 50-something unemployed daughter. I purchased the property back at the end of May. Right after closing I gave the lady the option of paying...