I have a very unique situation I wanted to discuss with the community and all our accountants out there.
I sold a 3 unit primary residence that I occupied for the last few years in December of 2019. I ended up doing...
Hello all, we own two rental properties in Nevada and a house in California with no mortgage. We inherited the house when my moms parents passed away back in 2008. My parents are getting a divorce and mom wants to ta...
Hello BP I have a friend whose renting a 3br/2 1/2 b apartment. 3 weeks ago a leaking pipe was discovered that was no fault of the tenant. A few days later someone came out, knocked out a few areas of drywall & al...
Hello experts,
So I think I have made a really bad investment. At the height of market frenzy in Ontario, I bought into an assignment sale of a 2bed condo in early 2022. The tentative date of occupancy at that time w...
Hey everyone!
My name is Jason and I’m new to the forum. I’ve read The Book on Rental Property Investing and am super excited to begin my investing journey. As I’ve been looking through the forums, I’ve seen a ton...
For my very first BP question, I'm curious how much money did you have in the bank prior to starting out? Our plan is to buy and hold. Most of the houses around here are 50-100+ years old so maintenance could be a cos...
Hello,
Due to some unforeseen circumstances I am thinking about renting my personal home for 3-6 months. I have two families interested. I have never been a landlord and am looking for a good contract and tip...
Hello BP community! I am looking at purchasing my first investment property (SFR/long-term rental) and was wondering if it's better to buy this first property in my name or create an LLC (I'm aware of the liability pr...
Hello,
I am a fairly new investor in Baltimore MD using a cash buy and hold strategy for residential properties. My business partner/mentor and I basically purchase houses between $10-20 thousand fix them up ourselves...
I now own three properties, the last two purchased with cash and the first has a paid off mortgage. The first was my primary and the next was my second home and the third is a multi family and I live on the first fl...