Dustin Little
How much are you paying in closing costs?
Everyone knows foreclosures are a great way to get a house at a bit of a discount. However, often times banks will not pay any closing cost or if you ask for them, say up to 3% of purchase price, someone else may not ...
Brian M.
2-out-of-5 year rule negated by LLC?
We’ve lived in our condo for the past 3 years and are considering renting it for the next 2-3 years then selling it to take advantage of the 2-out-of-5 rule. Since we’ll be renting it we want to put it in an LLC but a...
Luis Bermudez
It's Not Easy to Change Your Mindset
I have my first investment property under contract for $87,500. It's probably worth $67k, but I think it can still net $1000k/mo. after ALL expenses. I signed a contract without adding the inspection contingency. I...
Michael Barido
Payoff Debt or Move Forward?
I know this is personal for everyone but I'd like to share where I am. My wife and I have good jobs and we do have $80k in debt (not good debt but bad debt). We have leftover around $3,200/ month and we currently have...
Richard Ibeh
Vacation Rental Website Developers
Does anyone know of a website developer or company that produces great vacation rental websites?Not looking for a website builder that comes with software as I don't want to be tied to them and lose my website when it...
Jeremy Barren
Tax Write-Offs, LLC, and Financing
Hello BP Forums. I am starting off in REI and will be purchasing a first rental property in early 2021. I am going to partnering with another individual and we were curious about whether to LLC now or wait. Between th...
Kyle P.
Modular Multi-families in NJ
Hi All,I am new to to real estate. I don't have any property as of now, but I will be looking to purchase something in central NJ sometime in 2018. I am interested in the idea of a live-in multi-family rental, but the...
Victoria Taylor
New and Afraid!
Hello everyone!Long-time listener, first-time caller... My partner and I have been remolding both of our homes with the goal of making them both rental properties, but the process has been long. We've recently come a...
Christian Licata
in need of some advice/guidance
Hi, im 22 years old and I have the resources to get stated in real estate by buying a foreclosure and rehabbing it. The problem I’m facing is that I’m having trouble just doing it. I think i’m experiencing some anayly...
Anthony To
What is the average cost of drawings and permits?
I'm in San Diego and looking to convert a three car garage into two 1-1 units. The total square footage is roughly 700 sq ft. There is a 2-1 apt above the garages already. The property is in North Park.I spoke to ADU ...