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I am in California and looking to possibly purchase my FIRST investment property. Property is in Florida Tampa area. 8 unit $450k. Is this ill advised? Would you buy a place sight unseen? Would paying for an appraiser...
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I'm looking to purchase a 2-4 unit property in NE Ohio (Akron/Cuyahoga Falls). I'm looking via Zillow/Realtor, but I'm finding multiple properties that look "good". They all meet ~1.5%, good cash on cash, ~$150+/door ...
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A new tenant of mine, fixed and installed a few minor things in the rental. Our verbal agreement was that I will reimburse him for the material. Now he is asking for both material and labor. Unfortunately his price is...
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Hi everybody, I'm a first-time rental investor wth a general question about the financing process. I have the opportunity to purchase a six-unit apartment building in Pennsylvania with likely sales price of around $45...
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I am under contract on a property with a septic tank. Property is built 1979 and does not seem like it has been replaced since. Are septic tanks a deal breaker for you? What are the headaches you’ve encountered? My re...
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Hi I currently own a rental SFR in another state which I used to live in. I have a VA loan on it as of now. I am debating selling the house and buying a small apartment complex or mobile home park.
Is it possible to ...
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Here is the standard answer to all legal and tax questions: it depends. In this case, it really does. We have to start by answering 3 critical questions:
What kind of real estate business?Did it actually start in 202...
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Hello BP! I was looking to purchase a property but I don’t have to much knowledge or experience on septic tanks. is that something to avoid? What are your thoughts?
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I rented a small house to my daughter and niece at a reduced rate of 800 in Ma. A month later niece’s boyfriend moves in. Within a few months house is full of drama and they aren’t getting along. I move daughter o...
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I recently started reading "Tax Free Wealth" by Tom Wheelwright and I realized how much my knowledge is lacking on the tax side of investing. Further, I realized how confusing the different terms are for the various ...