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My brother and I own one rental unit that is free and clear. It is a fully rented two family home and has little improvement costs and a solid cash flow.
We are looking to find #2
Both of us are concerned with risk...
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Hey everyone, I’m getting close to taking down my biggest deal yet but I have hit a snag. The insurance agent I normally use is coming in higher than I thought and that’s not even for full coverage it’s instead for co...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $135,000
Cash invested: $50,000
Sale price: $245,000
Baltimore flip in Brooklyn Park (anne arundel county)
...
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Hello all,So last year I acquired my first rental and it ran like clockwork "knocks on wood".... So now it's tax season. I have a property manager who sent me an end of year statement, but I'm wondering if I need to f...
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so I’ve been learning a ton about the advantages of being a real estate professional and how you can use that depreciation from passive income producing assets to offset your earned income. And as I was reading it ap...
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While it may be a good idea to put rentals or flips into an RE LLC I probably shouldn’t do that when buying my personal residence (not a house hack) correct? Otherwise I would lose out on mortgage interest deductions...
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It seems like an assignment is more complicated than a double closing, but a double closing cost more (closing costs), which do you prefer, and with a double closing who do you close with first, the seller or the end ...
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Hey BP forum. I’m a college student in Arkansas and am current renting an apartment for around 900/mo (rent+all utilities). A 4b/2-3ba home can go for around the $100-$150 thousand range here.I have the credit and fin...
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Hey guys,
I've recently purchased a property with a downstairs den that's half underground (there are sliding doors that lead to the backyard). There is no HVAC vent heating or cooling the space - the previous occupa...
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I am buying my first property and have enough cash to cover the 20% DP but the property needs some rehab work to increase the value and I am taking a private loan to enable this. Hypothetically let's say I purchase th...