Hi there, I am wondering can I make profit from buying a brand new house and renting it out after 1 year then sell that house after 5 years if the price goes up significantly?House price is about $450000 (Single, 3 be...
How's it going BP army! My name is Chaz Albrecht. I'm from McDonough Ga and I'm really excited (almost obsessively) about the possibilities of REI. I'm a foreman for a local commercial drywall company, and while I enj...
This is good news! No more COVID eviction protection. I hope everyone suffering can finally find a path forward. Feel free to share your plan of attack/what your goals are moving forward. Please, no politically char...
Hi,
I understand that the Employer (Single member Sub-S) contribution is tax deductible for the Company, however the Company pays both side of the ss/medicare (15.30%) tax. The question is, what is the cost of say a ...
I’ve purchased and remodeled a small single family for a total of $50k that now rents for $875. Monthly carrying costs are $160 for property manager, taxes, and insurance.Should I just relax and take my time or take ...
Hello, all. I am a nineteen year old college student from Illinois majoring in English education. I enjoy English and teaching others, but the income is abysmal. I decided to go to a community coll...
Hi, I have been going at the rental game for a while accumulating 15 individual units 1x1. I want to branch into a multi-family unit. It seems that all the multi-family units I look at have lower cap rates and lower c...
This was inadvertently posted in the wholesaling section. Re-posting here:Any tips on how to go about negotiating the following potential deal would be greatly appreciated:
Out of town investors purchased a SFR prop...
I have a duplex in CT and both units have oil heating one unit has a leaking tank and oil furnace The other unit has a newer burning but the original tankLooking for advice&or contacts for pricing on whether to pa...
Hi BP community,
I'm looking for a real estate attorney in San Diego County (CA - California) with extensive experience in writing/reviewing real estate purchase contracts/agreements for wholesalers and rehabers. Any...