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I am bidding on a 2 bedroom Single Family Home to make into a rental. With finished basement it would be a 3 bedroom 2 bath.It's in a small town and comps are usualyl around $90k - $150k although hard to say for sure...
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Has anyone else noticed an increase in properties that were previously used as an STR for sale? (often times with the furniture included)Normally I'd default to inflation and subsequent market uncertainty. And that ma...
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What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...
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Hi All, I'm taking the plunge and have made the decision to become a RE agent. I would like to use it as a jumping off point into REI, by learning the industry, making some money and doing some networking. Eventually...
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Which is more important to you?From what I've gathered, it's basically impossible to get a nice, low 30 year fixed with an LLC. OTOH, then you're more vulnerable if you get sued.So if given the choice, would you finan...
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Hello Fellow investorsI am going through getting the 3 family rehabbed in Springfield MA. The goal is to have it as a long term buy and hold cash flow property. It is in a class C neighborhood.There is major plumbing ...
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Hello BP family. I am a new member, and have been reading the forums for the last month. I have some cash saved up and am looking to buy my 2nd investment out of state. I currently just bought 1 condo in Phoenix (my b...
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I'm trying to buy my first duplex. I have one under contract, and I'm trying to determine the initial repair costs.I need to decide between keeping the slate roof and repairing year to year, or just replacing. I'm loo...
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Hello!I am new to this forum and real estate in general. I'll try to keep this posting as brief as I can but I feel I have to provide some background information. I am single, 40 years old, and have worked as a comput...
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I haven't seen another post about it so I thought I would start one. I've read the 9 page tax plan summary. Although very vague, it provides a framework for what they are going after and mentions several things I th...