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I’m looking for our first rental property and have concluded utilizing the BRRRR strategy will be the quickest way to build a portfolio, but what if the property doesn’t fit in the pretty little box?
Besides being the...
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My business partner and I received a bill for $3,000 through our CPA for filing k-1s on three properties in 2019. I wanted to get a second opinion on the bill before using them again on our 2020 returns. Does this amo...
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Heres a made up scenario:My agent just sent me information on a foreclosure that could potentially be a great deal that I should put an offer on. I look at the property's pictures, information, and neighborhood all on...
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Hello BP members,
I've been working in commercial real estate for a few years but hoping to leave the grind of big corporate and work for myself.
My experience includes 10 years of selling large corpor...
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Hi! One of my units is opening up in September. We decided to raise the rent by 12.75% and put it on all the listing websites, but most importantly StreetEasy (the go-to website for rentals in NYC). Since we put it ...
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I'm a newbie living in Queens, NY who is more than ready to get started in real estate investing. A few things you'd probably like to know about me...I'm an educator who enjoys reading non-fiction books (coincidence?)...
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Hello!I am new to the forums, but have been reading this site nearly everyday for the last month and have already learned quite a bit. I live in Roswell, GA and am a partner in an LLC that bought our first (and curre...
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All Real Estate Investors,I have been on this forum and educating myself way on how to invest in real estate and I appreciate all your contributions. I'm now ready to invest in a multi-family home. I found one with 3 ...
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In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...
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So here are the stats on the property I found:Found owner through yellow letter, asking price: 178k, near a mid-sized city in WA state2 bed/2 bath on each side, somewhat updated and in good condition (pretty standard ...