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Say you have $60k leftover every year to invest in rentals. Assuming 25% down, that's a couple homes valued at $120k a piece that one could invest in. I'm sure most banks would allow you to have 2 homes financed; howe...
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Hi Everyone,I'm considering buying my first home as a new-build and was wondering if there was anything I should watch out for if I plan to turn it into a rental one day. I can see myself renting it out at some point....
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Hi BP! I'm a newby investor and after the 90 challenge, we purchased our first rental!! It's a single family home in Ogden but it has an HOA. I was approached by a neighbor who claims to be on the HOA committee and ...
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Does anyone own just individual condos in different places and what are the pro's and cons. I'm just starting in real estate and thought condos for rent would be a good start. Thanks
Hey BP Team!Looking for some advice on how to minimize taxes in CA. Here are the facts:1. High income W-2 ($400k+) earner and would like to keep my job.2. Own 3 LTR properties all in CA under a Trust.3. My spouse and ...
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Since this market has been really hot right now, I am looking to buy my first townhome for rental investment. Is it a good idea to do so? I understand price has gone up so much. I am thinking outskirts of Charlotte ar...
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Hello BP Community,I received a lead about a guy who inherited a home from his dad that recently passed away. The son who owns it now wants to sell it quick, but it is in a retirement community that requires the owner...
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Collective,I bought my first STR with a 10% down second home loan. Used a heloc on my primary residence to do it. Now I've got that heloc paid back down to zero, so I have reset my down payment engine. BUT... interest...
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I found a post on White Coat Investor about using multiple 401(k)s via a SoloK or some combination thereof with an employer 401(k) to allow one to defer more than $132k (I'm married) into retirement vehicles. I'd lin...
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I have my property in contract in Columbus Ohio and the buyers wants to also buy my LLC. I know this isn’t entirely out of the ordinary but just wanted to see if there is anything in particular I should look out for ...