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I currently have 39 units about half multi family have a single family. I have debated whether to consider “trading up” to larger multi family properties. Good idea or bad? How would you time the sale of multiple othe...
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My sister and I are going to receive the condo my mother purchased for 249K and she refinanced it about a year ago for a 3.49%. I could not talk her out of this as I wanted her to pay the mortgage in full. Although i...
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I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties. How does everyone else structure their flips and rentals?
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Hey bp! I talked to the lender who I got me my 5% down Owner occupy conventional loan and he is under the impression that I need to occupy the home for 2years before I can rent the property. After our conversation I l...
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Hi all,
So here's where I'm at.
My goal is to cash flow $4k per month ASAP. Why 4k? Bc that is roughly my monthly expenses. 1k of that is the property taxes on my home!!!! I have about 250k capital to work with and I ...
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Hello everyone,I have a bit of money in an IRA right now that I would like to eventually use towards the purchase of a rental property. I am looking for advice from other investors who have used their IRA money. What ...
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Hey BP community, I've gotten extremely lucky over the past year or two in the crypto space and am looking to diversify my portfolio into more "real" assets. Purchasing real estate (likely for rentals) is the market t...
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I am looking to buy STR in Mexico and I heard you cannot buy properties 54 miles from the coast. In that case, would you buy something on the beach for STR? Has anyone figured out logistics such as cleaning/maintainin...
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I own a few rentals in Seattle but have been researching Florida for a year as it is more favorable to rental property investing than Seattle. After looking at a few potential states for a new place to move to for mor...
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Hello everyone,New investor here based out of the Portland, OR area. I've been listening to the BP podcasts and reading up on the forums for the past couple of months and have decided to move into real estate investin...