Peter Morgan
Making your tenant PM a bad idea?
Hi,I need to move out of state due to my job.I got two options sell my multifamily or manage from remotely with the help of a Property Manager. Rather than hiring a PM would it be a good idea to make one of my trust w...
Jim Charles
cash buy, no agent
Hello All. I have read some good things on here before joining and many thanks for that. I have come to an agreement on a house purchase with a seller. There are no realtors involved. This is a low end cash deal. I ...
Sean Rafferty
Save cash or max Roth IRA out first?
What would you do if:1. Just getting started in REI2. Don't have a huge cash reserve (<$10K)3. I don't currently have an IRA nor do I have any 401(k) funds I'm currently able to roll overVote simply "Cash" or "IRA"...
Dustin Ruhl
A Guide to “As Is” Real Estate
Few expect a real estate deal to be a simple and uncomplicated matter. While real estate doesn’t have to be rocket science, neither is it necessarily true that even an experienced investor can take ownership of a piec...
Stephanie Gledhill
How to purchase $5M building from the family business
I would love to purchase the building from my family business. One is worth $5M the other $12M. The company would lease it back from us. The company C-Corp needs cash because 2nd generation shareholders want to retire...
Adam P
New member from Tampa.
Stumbled upon this site while looking for an income/ expense doc....
Currently living in my home which I got a 30 yr mtg on 8 years ago. Tried my hand at investing just before the bubble and had to let a property go t...
David Levels
David ATL - Hiring a PM without Personal Experience
Good morning BP Community.
My name is David and I am a newbie from Atlanta, GA.
Disclaimer - I have never owned a rental property and I am at least 2 years out form investing in one.
I have a technical trade and...
Eliza Alexa
Single fam House not Completely Converted to Duplex- Will it FHA?
Single family 2 level home, separate electric meters, separate HVAC. However, to enter the upstairs unit one must access front door which opens into the downstairs living area. Can this area be walled off to create a...
Eric Creager
Mildly Embarassing Question
So I’m still researching and reading about REI (currently reading The ABCs of Real Estate Investing) and I realized I don’t understand how hiring a lawyer or account works.What exactly would I be asking them for and h...
Andy Bennett
Farm land opportunity?
I have the opportunity to purchase 400 acres of prime farm ground in a very desirable area of Maryland. The family is super old-school and just want to sell and be done with the process. The property is not on the m...