Raul Villalva
How to buy a house that has a prepay-tenant contracted
Hi everyone, I need your professional advice, I found a house off market that if for sale, but the owner wants to sale it with an existing elder tenant that has prepaid two years of rent with 10 months remaining, as...
Allen Honnila
If I don’t need a partner ... Should I start off alone?
I am a noob to this. I have bought renovated and sold 2 houses as personal residences. I decided it is time to BRRRR. I have enough resources and DIY experience to jump into my first BRRR in my market solo. I have vet...
Wade Garrett
Inherited Tenants - Appreciate Some Advice
I took control of a fully rented fourplex back in August. It is my first time land lording and I would appreciate some advice on three case study tenants:Tenant 1: Single lady with a very difficult personality. She ca...
Paul Sandhu
Do you troubleshoot/repair your cable TV?
I was collecting rent at a house yesterday and one of the tenants said that the cable tv wasn't working in his bedroom. He said there was no reception or the reception was pixelated. We went to his room and I reset ...
Sendhil Krishnan
SD-IRA Cash - buy SFH or mobile home?
I have a SD-IRA and looking to deploy $180k into a real estate play. I plan to start withdrawing in next 20 years. i likely will not be getting financing as it would be a nonrecourse loan at roughly 9% and 30-40% down...
David Campbell
Buying a short sale using 1031??
Morning fellow BPers,Hope this Sunday treats you all great! Quick question, I am currently in the 45 day identification phase of purchasing properties using the 1031. One property I am interested in is a short sale. A...
N/A N/A
whats involved, gas station/store?
I'm researching the process to develop a parcel of uncleared land to build a convenience store/gas station. the land is currently zoned AGR and there are about 150 homes north of the area. they have a minimum 15-20 mi...
Jessie Cho
Can I have sole prop as main business and LLC for each rental?
Hi, I have a duplex rental for 4 years but I have never set up an LLC, so I claim that as passive income on the schedule E. I want to acquire more properties and be more involve in real estate investments, I know abou...
Mark Mullen
Fix and Flip "Is adding 1000 sq ft on in the attic worth it?"
Hello,Im currenlty living in a fix and flip and am considering also adding on in the attic. Currenly the house is a 4/2/2 with a steep roof that is foamed. There is a lot of wasted space up there and Im considering a...
Alan Hicks
When to buy next rental property ?
What point do you start looking for the 'next rental property'?
I have 1 rental now:
Value = $135k
Balance = $100k
Equity = $35k
I put down $25k down, so really only $10k equity.
Mortgage, Insurance, Taxes = $90...