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We came across an unusual situation on a buying trip to Idaho recently. We got into contract on a 3/3 SFR. An old house built in 1900 with decent square footage (about 1400, although the tax records are vague). Asking...
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So I currently have a few properties that I’m considering to sell and turn over into a 1031 exchange. Should I sell or hold these properties? We are currently trying to come up with a good strategy to get a head.
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My question is: Is a property worth more if there is a current lease with long term tenants? My initial thought is that will shrink my market by scaring out folks looking for a primary, but as a landlord finding tena...
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Hello,It has proven to be quite a task trying to find deals on the MLS. The good ones receive multiple offers driving the price up and are under contract in a day! I am looking for my first cosmetic flip to give me so...
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Hello Everyone, thanks for the add! I am looking for some advice, here is my situation: -started with my first home in Sep 2016, end of year gross: $5K -2017, end of year gross: $60K -2018, end of year gross: $130KI'v...
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Hello BP members!I am starting my journey of getting into long term rentals. I am focused on the Houston market currently and looking to buy 5 properties over the next 5 years or less. I currently have a home that was...
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Hello BP fam!!! I'm still considering myself a newbie to investing as I've got one investment property. I'm interested in pursuing a triplex in need of a full gut renovation. I haven't had the best dealings with con...
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We just bought a foreclosure and had three roofing companies give us a quote. We went with one and asked if they were licensed and insured. He said yes and showed us proof of his insurance. He is almost done with t...
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Hi all, I have a question hopefully someone with some expertise may be willing to help with? Should I 1099 an investor for only the profit or should I 1099 for the initial investment and the profits?Back story... A fa...
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Hello all,Is the Orlando, FL short term rental market still a good bet? There is a lot of new construction going on - specifically targeting this market.I am based in NY and have some funds available to invest. I visi...