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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $180,000
Cash invested: $30,000
Sale price: $350,000
This charming triplex is nestled in the heart of Su...
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Traditional Financial Planning advice goes out the window when you start investing in real estate.Questions for BP:- What proportion of your total wealth is held in real estate?- Why do you keep the asset mix you keep...
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Hello BP Strangers & Those I Have Met:I am currently investigating investing as a hard money lender.I have been doing some research and I would very much like to meet someone here in Southeast Florida who would be...
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Here's my scenario, I just started flipping this year, I'm flipping under an LLC, I'm on my second flip - first one went well second one is going OK. I will own the second property for about 4 months (hopefully, its...
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Hello BP community! Fairly new here but started a few weeks ago with a very small direct mail campaign to folks who had received a Notice of Trustee's Sale (Texas). Two relatively small counties and entry in the cyc...
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So I inherited a tenant to was on a verbal lease with $0 rent and $0 security deposit. I gave them notice and did cash for keys to get them to move our early! So far so good!Wisconsin requires a landlord return a secu...
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Hey All, I’m big on goals and I always find it helpful to talk through my goals with others and learn what other people’s goals are. Please share your 2024 goals or DM me and I’d love to talk through your goals and se...
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Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks
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Hey everyone so I might be closing my first deal as an assignment so since its my first deal I really don't know what form of payment is best for me considering I'm young and don't have any tax deductions.
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How much can I ask for in a security deposit legally in PA? Can I ask for first and last month's rent on top of that?