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After reading many books on personal finance, a common recommendation is to keep track of your net worth. I like the idea of this. For me, RE investing is about CASH FLOW to grow and sustain the business and NET WORT...
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Hey guys, I have a deal I’m analyzing, would love some input... purchase price: $170kRehab: 60k ( It’s in really rough shape)ARV: 300kPlan would be to cash out refinance, so put a 240k note on the property and pull ba...
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Hello investors, Should I create an LLC to start buying properties with? Specifically, the plan is to buy single family and small multifamily homes to rent out. What are the tax benefits of buying these properties und...
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Can you please help me and advise me on this one. I have a 28 unit apartment complex (mom & pop type) under contract for $185,000 and the tax assessment is at $250,000 and its market value is at $300,000. Fully oc...
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Hello, I’m a 27 year old novice in terms of multi family investing. Currently own 4 single family rentals with no mortgage on any properties. I’ve found a great 8 unit property I want to make an offer on, and need a...
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Hey BP community, I’m trying not to lose my mind here. We had tenants for 3 years move out recently in Virginia. The place was really gross- mouse droppings, damaged and moldy drywall, a broken window, termite dam...
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What are the pros and cons of buying a rental property cash? Just want to hear you guys opinion. And any other suggestion/awareness you guys might have for me.Thank you!
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Hello,Does anyone here do homesharing (Airbnb) for their rental property? I am having a tough time finding insurance for this commercial short term rental activity in an owner occupied house (I live in one unit, the o...
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Looking for input on this deal I have under contract. Here are the facts.Home price :736,000Rate:5.75Cost for rate:14,000Down payment :25%prop manager:25%Property is in NH the property is 10 beds with an indoor pool a...
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I am looking for any advice and ideas for checking and savings accounts for rental properties for purchase and management stages. My questions include:-Do you have a separate savings account for acquisitions? -Do you ...