Hello BP,My tenant attempted to turn on the gas to the fireplace and apparently gas was leaking. After having a plumber go out to check for a gas leak there was apparently one in the fireplace. Thank God the house did...
How does everyone here mostly buy there properties ?
Cash ?
0 Down Financing ?
10 - 20 % Down ? ( Does anyone here do this ? )
Equity ?
Owner Financing ?
Anything else ? ......
Here’s the answer:
To qualify as a Real Estate Professional (RE Pro) in 2024, you need to meet certain criteria set forth by the IRS.
Here are some of the key requirements:
1. Material Participation in a Real Est...
Hey Community,I recently ran across a seller who needs to sell her property.The problem is the ARV on the property is 63k she has a 48k mortgage on the house and the property needs about 10k in repairs.I usually whole...
I was thinking about renting a unit out a little below market in exchange for a police person living there for presence.Would make the rift rafts go elsewhere is my reasoning.
Another question is if you evict a tenan...
I've been flipping and doing buy-and-holds for over 10 years now. My particular niche is flipping fire-damaged properties and I also own a restoration company. Recently I bought a property with the intent to BRRR with...
I’ve read The Book on Rental Property Investing by Brandon Turner and got some great ideas but I would like other investor’s opinions as well. When going to take a tour of a property that you have interest in, what ar...
My fiancé and I each own a property, mine is a house hack, hers is a rental. We have people who we would like to/ need to ($) partner with on next deal. Do we need the llc in place in order to do that successfully? Al...
Hey all,Curious if anybody has experience or advice on this. I'm wondering if I should consider a rent-to-own strategy, or maybe an owner finance strategy for my post-renovation properties. Are these dangerous waters ...
Does anyone have experience in owning rental property in North Minneapolis Minnesota. If so how was your experience being a landlord. North Minneapolis has a bad reputation but should that stop me from investing? I kn...