I am partnering up with a couple guys who have a successful rental real estate business. I will become a member of their LLC in exchange for the work that I will be performing managing all of the rental properties. ...
I am closing soon on a small SFH that I will be renting, but am considering selling/moving the house (its on piers) and building a duplex in its place. There are currently duplexes in the neighborhood, so the zoning ...
Let's say you have 1 rental and no other type of income.Rents after mtg interest, Property taxes and insurance brings income to under 9k and therefore no taxes are owed in this situation. No other expenses for this ex...
Hi BP,Wife and I purchased a duplex in NC on June 13, 2014 lived in it until September, 2015 (15 mts) and rented it out for the remainder; we've owned it for a total of 29 months. We moved to Florida for work. Can w...
One strategy that has consistently brought me success is seller carry financing and creative deal structuring. In this section, I want to emphasize the benefits of seller carry financing, share success stories where i...
My father and I are in a 1031 exchange and under contract to buy a fourplex in San Antonio. (We are already way beyond our identification period so cannot buy something else). This fourplex is brand new construction ...
Hello BP community.I wanted to reach out to anyone invested in the state of NY.How are you handling non-paying tenants at this time? I have management in place, and I still cannot get any step closer to a resolution. ...
So my wife and I own one townhouse rental property in Clayton NC and have about 200k-225k in equity. We have only had one family rent it and they have just signed for another 2 yrs ( once that lease ends they will hav...
I’m thinking of going forward with a single-family house buy & hold strategy and do trade-ups for multi-units property in the future. Is their great potential with this strategy or should I buy plexes right away?
Hi All,
I've been working close to full time during quarantine trying to get a wholesale deal together. I've invested around $2k over the past 8 weeks between facebook ads, bandit signs and cold calling, and have re...