The property is a 3/2 main house with two 1/1 apartments out back. The apartments rent for 500 each per month and the house for 1500-1600 per month. Purchase price is 200,000. Comps 300-350,000. Main house needs roof ...
Hey BP peers! I'm an experienced investor in single-family houses, looking to get into multi-family next. I recently met an investor who informed me he'll be looking to sell a couple duplexes and a triplex in the next...
I am trying to understand the calculation of Capital Gains on a South Florida property I now solely own. I gained the 100% interest through rights of survivorship from two other joint tenants who have now passed. The ...
Hi all,
This spring I'm going to buy my first home and I intend to rent a portion of the property out either as a separate unit or a bedroom with access to the rest of the house. Overall, my knowledge about how to be...
I want to hear what people's thoughts are on section 8 housing. After hearing the episode with Joe Asamoah (Podcast #356) it really inspired me to look into section 8 housing. I love the idea of actually providing goo...
Hello Fellow BPers,
My LLC owns a business property where I’ve run another LLC business for the last 17 years. I’d like to start renting to myself (my LLC commercial prop renting to my LLC business running out of it ...
This might be an obvious answer but which would be more feasible for someone that doesn't have a lot of money to put down; Using my FHA loan to purchase a large 1bd 1bth condo and renting it out both longterm/shorterm...
Hello BP community, my name is Brooks, and I’m from Gray, GA. I recently secured my first off-market property under contract. I spent considerable time pulling comps and estimating fair market value, but given the uni...
BP Nation I can use some advice!
I currently have a SFH that has been on the market for 72 days, median DOM for the county is 48 however it's 30 for the specific zip code. We listed it at 750K which was fair ...
I bought a SF townhouse in mid-2008 as a primary residence, after living in it for 5 years we converted to a rental in 2013.Since the fair market value at the time of conversion was less than the purchase price does t...