Hello BP community! I am a first time poster/contributor. I have been reading REI books, researching, listening to podcasts, and window shopping. The current times present increased opportunity and as such, I think th...
I've been weighing the pros and cons of rehabbing vs wholesaling for the past few months but would like to get some opinions from other people about what they have experienced. I'm a newbie to RE and would really lik...
Hello,My father is seeking to transfer a paid off SFR rental property in Florida from his name to a newly formed LLC, under his and my mother's administration. I have researched that there is a transfer tax based on t...
Hey all, I am a broker in CA and life circumstances brought me to Tennessee and North Carolina this year. I am looking for house hacks and multifamily and I'm having a really hard time wrapping my head around the fact...
I am purchasing a SFR with a self-directed IRA along side a non-recourse loan. Much question is this. This home has flipping potential but I will not have enough reserves in the IRA to do all the improvements. Is ther...
Hi BP!!!I am interested in getting into real estate and looking at a 6 unit multifamily for $250K.Before I proceed I was wondering which is the best option:1) Get a conventional loan with 20-25% down?2) Get a loan fro...
Hi BP,Happy Friday! Curious as to how landlords are handling tenants with criminal records in the past (5 years or longer). I just had a well "financially qualified" tenant apply for one of my SINGLE FAMILY houses. ...
As of today I am not a real estate investor. Circumstances are putting me in a position where I have to work hours away from where my primary residence will be (we will be moving shortly). This means I have to spend a...
I'm looking for input on which of these investment markets might be better over the other. I will be moving within the next year for work and these two areas, Chattanooga and Dubuque, are at the top of my list. There ...
I started a side business this year with my mom as a mainly silent partner. We have tools, truck, trailer, insurance etc for the equipment for the business and are currently finishing up a house flip that we purcha...