I've been looking for an investment property for about 2 months now in a vacation area that is about 3hrs away from my city. It's overall a good area for STRs. I found a house that I think has potential - AirDNA is es...
Hello! I plan to provide a washer and dryer in the basement of my first rental property, a duplex. I am trying to figure out my options. Should I do a coin-operated washer and dryer or charge a laundry fee to cover wa...
Deal 1:
I've got a motivated seller of a 4-plex. With a cash offer of $150,000, the cap rate is going to be 15.2%.
Now, I've got an investor lined up who will fund 70% the deal (I'm putting up 30%) at 7.5% (20 ye...
Hey there!I've been investing in small multifamily for a few years and I've done everything from flips, to professional management, to wholesaling and more. With that said, I'm looking to advance to my end goal - inve...
All,I hope you are doing great.I have an apartment 2bed/1 bath that I own and I am not sure if I should rent it out as a short-term rental/airbnb or long term. I heard the tax rates for short-term rentals are higher a...
for investors in Massachusetts with two or three properties how do you structure things? do you have an S corp for the taxes or something else? I know LLCs are expensive so wondering what others are doing.
Hey there everyone, looking for some opinions on these terms for a hard money loan. First time using hard money and I'm looking at this lender as one of the options for this potential BRRRBrief numbers on my deal 150k...
Good afternoon BP.So I'm still in my education phase of REI, and I just spoke with a CPA about setting up our legal structures and tax structure.He mentioned that accountant fees are typically $2K/year.I'm wondering i...
My duplex in Ohio is giving me trouble and I am looking to invest in either South or North Carolina. My budget is 165k max. I have an agent in South Carolina showing me condos in the myrtle beach area, and I want to k...
HelloI am in the process of buying the strip mall center and just received the proposal for managing the retail strip mall from the current agent since they already manage the strip mall. I want to get your opinion on...