I am looking to purchase my first rental property soon in Cincinnati. I have two experienced investors (30+ years each) telling me to wait 1-3 years for a crash and then buy properties at more appropriate prices. My...
Hey hey! I am a new Realtor in the Bay Area, California. I have heard that it is good to get a LLC or S Corp as a realtor. Currently, I have neither and I need to get that changed. So I was wondering if anyone had any...
Hey I am researching the house my sister is renting. She has one of 6 units. They did an odd lease renewal so I'm suspecting it might go up for sale.
If she lived there and I moved in to a unit, would we be able t...
Hello all. I am 28. I have been working short term contracts that pay pretty well and last about 3-5 months all over the US for the past few years. I could take a permanent position but the idea of settling into my cu...
Who pays the real estate agent the buyer or the seller?
Hello,I recently sold my business and am looking at getting involved in investing in residential real estate on a more regular basis. I have done a few one off “fix and flip” investments in the past so have a minimal...
Hello BP'ers...i am a new investor and have purchased my first SFR. My head is starting to spin regarding insurance options. Any advice e is appreciated.Here are the facts:- house is in our LLC (per our CPA's advice)-...
Hello BP! I'm looking for some creative seller finance proposals to present to an owner who said he was willing to review the offer if it included a large non-refundable deposit.
The situation...
The property: a 3 b...
And also, how many rentals do you have? I sometimes wonder if you need 6 months reserves for each property but just curious.
We have only placed tenants 3 times, with one of them not working out very well (so I am gun shy). There are enough small things that bother me that I thought I would seek input from more experienced landlords.Single...