BP,Kinda freaking out a little, just made my first offer on a property from 700 miles away in a town I've never been to, on a quadplex I have no intention of ever seeing in person. To clarify this would be my first in...
I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
I'm looking into investing a good amount of cash in my first syndicated apartment deal. Buy-fix-reposition-hold. I am imagining there are about 25-50 fairly sophisticated individuals involved on the equity side, maybe...
http://www.newsweek.com/content/newsweek/2010/08/12/how-to-understand-american-decline.html
Current Newsweek article lists The United States as # 11 in countries worldwide. Really cool website with different categori...
I live in Colorado but not enough capital to invest in my area. Any thoughts on where I can get started. I work 2 weeks on 2 weeks off i make good money, have great credit and I have time to travel. Any ideas as to w...
My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
Looking to connect with other vacation rental owners, hosts and managers! My property is located in Princeville, Hawaii!
Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...