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Hi. I've been interested in real estate investing since I was in high school. Now I'm new to BP and just started seriously studying up so I can map out a plan. My wife and I just moved into our house last September...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lowell.
Purchase price: $441,000
Cash invested: $1,500
All real estated out, living in a basement and needed a home for my...
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My parents are on the verge of retirement (unfortunate timing) and I'm trying to think outside of the box for them with their current retirement strategy. Right now they own a 4BR/4BA home in central PA as their prima...
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For a STR is there a target % of purchase price that generally equates to a successful STR property? Similar to the 1% rule.
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Should I refi to dscr or conventional to remove pmi? 2 unit house 30 year FHA 6.6% major renovations (roof,bathrooms,kitchen,etc) home has appreciated 397k when appraised to 550k zestimate (similar comps in the area a...
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Here's the deal: I would like to borrow about 70-100K from Mom and Dad to buy and fix up a property that I will hold and rent out. We're thinking about a 30 year loan at 5%. My parents are retired and would just li...
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Looking to remodel our kitchen in one of our rental properties any suggestions when deciding between gas or electric stoves? Leaning towards electric because I don’t want any gas leaks or accidental grease fires,but i...
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We may buy a home near by which is in need of renovation. Ideally we would hope for a tenant who would be open to renovations while living in the home and that way the expenses are tax deductible. While not all the re...
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If I set up a LLC to invest in real estate, what will happen in case of a divorce?Will my spouse be entitled to the properties I purchased in the LLC?What's the best way to ensure that my future partner is not entitle...
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Question to my BP colleagues. I have a seller that want market price for his home. The home is completely paid for, and the only rehab that needed is interior paint and new carpet. I'm trying to structure a deal, and ...