My debate is this.As a general statement the rental property cash flow here in Los Angeles is VERY challenging to find.I am looking to buy a property with a detached garage and convert into and ADU for helping to offs...
I'm a new real estate investor, interest in purchasing multi-family properties and renting them for the long-term. I have Quickbooks Pro 2016 (desktop version) and I'm looking for advice on setting it up for my busine...
In a predicament. foreclosed loft sold for 130k in 2004, now an REO. bank wants 80k.
Taxes: 260+/mo.
Dues: 230+/mo.
All in all fixed cost to own the unit: $622
Will rent for $800 easily. $178/mo cash flow or $2136/y...
I've had my duplex for about 5 months now and it's working out really well! I want to get my second property as soon as I can. I have a few questions I am hoping somebody can help me out with:1) I have only about $10,...
Hello, everyone, Im a newbie and I have a question that I wanna share with you. Im living in Beijing, China, and I am able to save a lot of money here that I want to invest into rental properties, and since Im soooo...
Hello BP family!My friends and are thinking of investing in a STR in Palm Springs, bought under an LLC. Our biggest question is how to structure the exit strategy in the operating agreement, and the best way to distri...
Hi everyone!
I looked at a 20 unit apartment building. Currently it is 100% vacant. The area is developing and I am assuming in a couple years the area will go up in value. The city is building a huge park, stadium an...
I was wondering which one is better to do for investors who want to wholesale real estate.....a "back to back" closing where transactional funding is used OR a "assignment of contract" where the investor signs over hi...
I’m planning on purchasing rental properties in the near future. Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals. However, I’m a bit confused...
When running numbers on an investment property, I focus more on equity growth than monthly cash flow.
Here’s why:
If I can acquire a property at a low basis and add significant value, I can:
1) Sell and reinves...