'Evening! I would like the hive's opinion on a 12 unit multi we are looking at. This will be our first foray into something more than our duplex's.Via our agent the offer is now at $389900 with seller paying 2k of ...
Hi.
A four-plex in my area is currently for sale for $70,000. From what I have learned from the sellers they are extremely motivated to sell because they recently divorced and neither of them wants to own the propert...
I use a property manager for an out of state rental property. Last year we kept most of a security deposit for repairs after the tenant moved out. We also received some payments from the new tenants for utilities pa...
Hey folks,I am full speed ahead to close on my first duplex in mid-January. Will be utilizing this as a house hack. I need to get my banking situated for property expenses and am looking for suggestions on the best wa...
Morning Everyone!,Does anyone have experience utilizing a DSCR Loan? I do not have any properties yet, but I wonder if this would be a sound strategy to get started with my first few deals.
Hello BP family,I'm a real estate wholesaler and I might be venturing into a rehab project with my friend.I've found a pretty good property in a nice area in NJ, the details are as followed;ARV $280KPurchase Price $14...
In MA, if I live in a house 2 of the past 5 years, I can sell it tax free.
I owned a house for 2 years 1 month.
Does the IRS check up on where you lived for that 2 years?
I actually lived there 2 years, but thr...
I am new to this forum but have seen some really great posts, advice and experiences shared on this forum. I am new to real estate investing and thinking of starting off by doing a "house hack" via renting out the unu...
Hi All! When it comes to vacancy, what are you doing with the loss for that while your unit is on the market?
For example, I have a unit renting for $950 a month, which means daily it is around $32. If a week is vac...
Hi All,I recently sold a single family home in Orlando - Bought for $378k, Financed $275k invested $100k, sold for $640k just over a year later. Within one week I bought a condo for $275 in Tampa and paid cash. I...