Hey guys here are my first two deals that are set to close at the end of this month.
Deal 1: HUD property (2/1 SFR) purchased for $14K. Rehab estimate is $7.5K. Should rent for $550/mo. Home sold in 2006 for $49K...
Hi,I am considering renting out my personal rental property in Oklahoma. Its 3 bed, 2 bath, one acre with a swimming pool. Would you do this?My concerns: Worried the pool could be a liablity if someone drons. I am...
Greetings, I always hear people say “it’s not always passive” when talking about real estate investing.
I’ve seen several posts on social media where they’ll be a downed tree on the property, a few shingles blown of...
Man, if I don’t quit after this then I am destined for upside!
Bought my first rental which is one side of a twin home, hired a PM and set myself up for about $350/mo after all expenses including capex, vacancy, repa...
Hi all, I purchased a duplex in July and gave both sides notice to vacate. They both vacated Aug 1st. My question is since it was already in service on the day I took ownership, can I expense the costs to fix it up? I...
Hello all, I'm needing some advice on LLC Setup (or not) for a STR business. Here is my situation:- I'm a W2 employee that earns north of $500k a year- My wife is a stay-at-home-spouse- I'm looking to buy ~ $...
Hello. We have 10+ properties in Kansas that I want to move out of our individual names into the proper entity. I've heard various things about each property being in its own LLC, dividing them half and half, etc. Whi...
BPers - curious if anyone has experience (positive or negative) including mandatory cleaning services in the rent for single family homes? Seems like this is not a common practice, but I am not sure why. We are fini...
I have set up a meeting with the owner of a local property management company this coming Tuesday to discuss investment opportunities in our area. I am just starting out, still looking for the first property, I though...
Hi - I'm looking for advice - and shared experiences (good and bad) - on how to set up a partnership with one other person to pursue purchasing and managing properties - SFH and Duplex - in a small town aimed at stude...