I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...

Hi guys,Rookie investor here. I was wondering if there is a risk in taking over from property management and having a new lease agreement with the tenant. The property is on my name and that would mean the landlord se...

I am looking to setup payroll for myself out of my company, call it LLC #1, and LLC #1 is owned by Parent LLC which I am looking into doing an S-Corp Election for. What I am unsure about is if the whole 60-40 rule aro...

Fellow BPers,I am currently starting the process of relocating. With that I am at the point of either renting my current primary residence or selling it. I am located in West Sacramento Ca. which is currently a pretty...

I am researching a multi-unit property in Baltimore with great potential. However, some red flags caught my attention. First, the asking price is average in the area, but the seller's rent roll states that they are re...

Curious.. anyone here interested in credit card signing bonuses?  

Startup Pays Cash to Buy Homes, Flip Them: OpenDoor’s approach appeals to sellers who need to move quickly

I've been reading on here for some time now, planning, watching and saving. Here are some questions I've come up with based on reading here and there.

Once you've located a property and searched public records to ...

Can someone help me with writing an investment proposal? I want to propose 3 options for investors. At this time, this is all family members that I am approaching.

1. second lien holder on my primary reside...

I am looking for a new property manger in Cleveland after firing my backup PM.
Here is the story of what happened.  We recently bought a SFR in a Cleveland Suburb.  Last week the PM's office manager emailed me saying...