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What are your thoughts on turnkey rentals when looking for out of state rentals for a new investor to get their feet wet? Great idea with low risk? Terrible mistake? What do you think?
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Just curious what some of you syndicators plan to do where you have been buying 3, 4, 5 cap "value add" deals. If rates move against you, what is the plan? I have no dog in the fight but aside from the 100% bonus dep...
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We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...
I'm unlicensed architect, I sold a duplex with entitlements for a lot split and infill single-family. I created the construction documents for the proposed design but chose not to pursue development and sold the prope...
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I've been taking some aggressive action in my market at the advice of BP and others. I found a property that, when repaired, could be worth conservatively $600k. It's a Victorian style triplex with a 4 bd master u...
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Hello BP!Continuing my trend of posting on topics that I'm currently learning about; I've been looking for a new property management company (PMC). My current one, while competent at placing tenants, is not very comm...
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I need advice. We’re thinking about three 3 options currently and we’re currently renting for 1900 a month. The long term goal is to build financial freedom. We have no kids at the moment but we might try in the next ...
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Hello to all! I'm new to the forum and am loving it thus far. Kind of a generic title to the post. However, I am interested to hear what the veterans/other newbies would do with my situation. I'm going to be coming ou...
I am looking to close on my first rental duplex in the austin area. Its slightly under the 1% (0.84%) rule from a rental income POV however one of the units has a long term disabled tenant and is in pretty bad shape. ...
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Quick question for you guys. When driving for dollars and coming across properties that are vacant but owned by an LLC or a corporation, is it worth trying to research the number of the LLC (I'm told batch tracing com...