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With a fairly low income (43k) I have been searching for investments that will increase my income so I can then snowball the larger amount of income into more investment's ultimately creating long term wealth. After s...
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Hello All, I'm a new member here at BP and I'm looking to turn my starter home into a rental to help parlay this into additional properties and my next home. I've had the house for 2 years now (hard to believe how fas...
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Please don't respond to this with, "Ask an attorney or tax advisor." That is a given...I want to solicit comments prior to that.
Scenario: Form a LP to raise money for real estate transactions and structure it so ...
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I've got a triplex under-contract that is going at a 10-cap. Purchase price is $240K.
What would you guys recommend?
I would love it if someone here actually has funded experience with this.
Than...
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Interesting article from Working Real Estate Magazine about the origins of RE Disclosures.
Agent Disclosures and "Reasonable Diligence" - The Lawsuit that Started it All
by Isaac Peck, Editor
If you've been a re...
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Morning BP community.
I was presented with a Syndication opportunity. I am fairly "green" in this type of investments and I am still in the process of investing in my first owed RE property. I have done a decent ...
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Hello,
These are made up figures. I just want to see if I am calculating this correctly. Any advice/opinions are welcome.
Thank you.
Bought for 280,000
20% down payment = $56,000 ( $280,000 x 20% = $56,000 )
lo...
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Hi, first a request: Do you know of a reasonably priced earthquake insurance provider (that covers Washington state)?Second, a cautionary tale: I have owned a 29 unit apartment complex for 9 years, always paying the m...
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I can't find a contractor to renovate my unit(s)! Advice needed on how to go about the process more effectively. So I recently bought my second duplex. I bought my first duplex/ home on April 27, 2015 and closed on my...
Hi, all! I have a question about HOAs and have been searching around but cannot find a similar situation to mine. I purchased a single family fixer upper in CA that is in an HOA community. The homes are situated on at...