Hi!I am wondering if my process for finding possible deals, so far, sounds good to others with more experience. I find tax delinquent properties in areas I am targeting (driving/internet). Then I plan to contact them ...
Hi everyone,Finally getting around to my new member introduction and have a quick question for the members. I bought my primary residence off market last August (condo in a highrise) for 128k. Comps are selling for 16...
Do you guys actually pay for a home inspection and get contractor bids during your inspection contingency window? Or do you just look for a buyer and let them do all the due diligence?
Hey all!My father has recently passed away leaving his modest portfolio to my two brothers and I. All of the properties are paid off, however due to the recent passing of Prop 19 we are unsure of how the tax burden wi...
Hi there, I have a multi-family property and one of the tenant ready to do a handyman work for me at the property. What sort of insurance I need or he needs to work for me on repair jobs at property?Best, Gary
Hi, I currently own a home in WI and would like to pursue owning other properties here. I am nervous about starting in multi-family because of the size and no experience being a property manager/landlord. Looking for ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Whittier.
Purchase price: $840,000
Cash invested: $75,000
Sale price: $1,200,000
Full renovation of all 4 units. All o...
Hi everyone…
I see people on the boards here speaking about paying off mortgages on their rental units, as if that is a desirable goal. What do you think?
My first influence in pondering owning rentals ...
Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...
I hear a lot of people discussing “Live-in flips” often, and it sounds like a great way to reduce tax burdens after holding it for some time while rehabbing. My question is more about how to analyze a potential live-...