I've just begun looking into RE investing after having a BP account for a few inactive years. Recently I was talking with an agent who proposed the idea of me forming a single-person LLC and then using it to buy an i...
He is asking 75,000 for an up down duplex. The rents are 450 and 350 and the LL currently pays all uts. Is there a way to make this work or not. If so what does it look like.
Hello Team
Curious if the BP Team of experts has some creative ideas on how I can start to use my large 6 figure Passive Loss Carry Forward?
I earn more than the 125K threshold, I am still employed and plan to be for ...
In what price range does the 2% rule work most efficiently. Is it best for duplex, SFR, or 5+?
I understand the 1% rule as it applies to charging rent but it seems unrealistic in our neck of the woods. In my neighborhood we had a home recently sell for $465,000 but there is no way you could ever charge $4650 fo...
Payment, Taxes, Insurance = $905 + garbage $17.50 = Monthly expense $922.50Rental Income $1000My uninformed opinion was SHWEEEEET, cashflowing $77.50... The BP rental calculator has shed some light on the subject. I ...
A local landlord that I've known for a while, finally wants to sell a 12 unit building that's in pretty good shape and fully occupied. I haven't started the due diligence yet but I wanted to get feedback so see if it...
I thought I would share this with all the Michigan buy and hold investors. For those of you buying and rehabbing distressed properties for long term holds, in West Michigan, Grand Rapids, Lansing, East Lansing, Detr...
Hello! I am a bundle of confusion. I have been trying to learn the best way to do a wholesale deal in Atlanta. Since I have been here I have been to so many seminars and programs only to be left more confused. i have ...
So I have access to a pretty good amount of money 100k+ and I want to be able to use that to finance deals in the 200k to 300k range.
How easy is it to get a loan with 30%+ down payment but unstable business income?...