My In-laws are selling a plot of land and gaining a 1.4M profit (original price was 120k).They are weighing 1031 vs. trusts vs. starting an LLC. Their main objective is to reduce tax liability and reinvest in somethin...
Hello everyone,I just bought a fixer upper in PSL, FL. My wife and I are going to live in it for 5 years and make it a live in reno. We will do most of the work ourselves with the help of a few contractor friends for ...
Hi everyone,When it comes to real estate investing, buying, etc, I'm a complete beginner, but real glad I came across this site and plan to spend a lot of time learning all I can. That being said, it seems like there'...
I am screening for potential tenants and so far, I have found one potential tenant that is the most qualified. However, she has low income ($56k), but an excellent credit score (750+) and a lot of assets ($1MM+). The ...
Ok - this is interesting. I heard from Guesty last month that they'd be rolling our Guesty Lite, sitting on the same platform as Guesty for Pros, and now it's up on their site. The biggest dig against Guesty in the ...
Hi everyone,
I'm relatively new to real estate investing and would appreciate some advice on my current situation. I currently own a 3-family property, and my primary residence is a 2-family home. Monthly, I'm seeing...
Hey Guys,So I am currently under contract for my second property this year. I run a business full time so my rental properties are not my full time gig. Do you guys have any recommendations for property management sof...
I do not want to turn this into a real estate vs. paper asset (stocks, bonds, etc) debate. I am new to real estate investing and have the majority of my net worth in paper assets. For those of you who invest in pape...
Hello I currently have 10K to 15K and I am interested in multi family units (2 to 4 unit properties). What is the best way to invest the money that I have? I was thinking the following:1. Do an FHA on a 4 unit buildin...
Hi BP Community,Ive been looking into purchasing a 4 unit using the FHA loan. Before getting prequalified, would it better my chances to pay my credit card/ loans down? or does that even matter. I wanted to jump into ...