I purchased 4 unit property in 2022. Purchase price was 250K and rent was $2225. Now all the rents are near the market rent (i.e., $4041). I didn't do any rehab but replace the flat roof.So here is my question. If I s...
I’m a newbie at all this but have been doing as much research as I can get into a 24hr period. Any advice, criticism, or just a plain run the hell away from this deal would be appreciated!Property is 8 Units in 2 bui...
Recently I started using this tactic when making offers directly to the MLS and it works. It has some drawbacks that I will outline later. I can't say I'm the originator of this but here's the deal.I have the broker o...
I am 19 looking to buy my first investment property and I found a good deal in New Hampshire. I am not sure whether I should flip it or hold it as a rental property? The house is listed for $350,000 3000sqft 8bed ($11...
I am considering a duplex purchase in Bay City, MI. Does anyone have a good team (boots on the ground) there for: Property Management - Need ala carte PM who can handle mostly the eviction process if necessary and re...
Hi all! I currently have a SFR Rental Property that I paid off late last year. I am very interested in doing more real estate investing, but this time, using the BRRRR Technique. So, instead of using private/hard mone...
Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...
I have been operating two short term rentals in a town a couple of hours away in a college town for a little over a year now. We recently expanded and now have another property about 5 minutes from where we live, and ...
Dear BP friends,Does anyone here invest in Saint Louis Missouri?. I am looking for a practical ( not just internet research) on this market. 1. what neighborhoods are likely candidates for cashflow?2. what zip code to...
Hi all, I am about to put an offer on a building with 11 units, the building has low rents and some repairs needed.I would like to vacate the whole property and renovate the whole building and get new tenants.What is ...