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Okay, so my business partner is stuck on a subject, and I need some help explaining it. Looking at a property at 100K that needs 30K worth of repairs for an ARV of 150K. We plan on renting it out for around $1,350/m...
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There are positives and negatives of both systemsValue Add Positives:1. Cheaper acquisition price2. Greater ability to force appreciation.3. You get to pick the maintenance that you do, and you know what major mechani...
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Now there are a ton of things to look for and no answer is wrong but what do you look for in particular when you looking for a contractor. Here is my list and I may be leaving some things out but at the time of writin...
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I understand that me and my wife can both be on our Texas LLC, and we can still file as a Single Member LLC so that we have a disregarded entity from a tax perspective, but we still have the liability protection. In f...
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Hello all,
So, I am in a position where I could use some advice from the experts of BP.
I've recently graduated from school, and am working full time in a marketing role in Atlanta, GA. In my spare time, I have bec...
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Hello BP Community, I am new to owning a multifamily and had a question for the community. I have a new tenant that signed a lease with me two weeks ago. We talked about if she had pets and she said she doesn't. Fa...
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Has anyone had much experience with lease options? What are the pros and cons? How do you advertise so that you get interested people? I feel like the main attraction in a rent to own is that it it for people with bad...
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My husband and I live in San Diego. We’ve always wanted to own in Big Bear and finally have the $$ for a down payment. But the current market has us pretty freaked out! We are hoping to at least break even with rentin...
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Hey guys!So I've got quite the predicament.... My tenant just moved in about a month and a half ago and has been pretty good so far. However, recently she has been complaining about a sewage smell in the house. Right ...
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Hey everyone, I'm thinking about buying a 3 br 2 bath condo in Downtown Denver to house hack, so I would be living with 2 other tenants. I was curious to hear other investors' experiences and suggestions with this sit...