I remember a couple of years ago I had 10 flips at one time. It took a ton of money and stressed me out big time. After I sold a couple of them I decided to never have that many flips again, but to instead focus on bu...
Hello everyone!
I have 0 properties yet and I'm at my starting point. Any advice is great advice and I appreciate it. I'm debating whether I want to do long term rental of multifamily or short term rentals for airbnb...
Up until this point, I have only flipped houses, but I want to begin searching for rental units to purchase. I have heard it is best to start an LLC for each rental property you purchase, so that if you get sued, they...
I’m playing with the idea of buying for cash flow and for occasional vacation use in either of these countries. I saw (online and YouTube) a couple very nice developments in Cebu (Mactan Newton) and Manila.
I have n...
Lets get creative!!
I currently own a townhome in Texas that is leased through summer 2024. The property has appreciated since my purchase and rates are also in the mid 7s vs the 2.875% 30 year fixed that I have.
I'...
I made a post on market place that I thought when I woke up today I would be inundated with Reponses.. and I can only ascertain there must be some fear or some type of lingering doubt in those that say hey want to get...
When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
What kinds of improvements add the best value? We currently have two flips in process, and I want to make sure we don't waste capital on improvements that won't return value. I will give you the general specs for this...
Good evening BP community,I have a tenant who has requested a full power washing of the house. My wife and I like her quite a bit, she is a sweet and very polite older lady who keeps the house in immaculate shape. She...
If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...