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Greetings BP Community,The good news - I'm sold on all the benefits of House Hacking and am going all in. The bad news - the medium-sized Southern city I am looking to purchase my house hack in has very limited optio...
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Hello everyone, I came across an idea and I’m looking for some feedback, I’m currently in the military and my contract ends August 2 2021 I was wondering if it would be a wise thing to build a duplex using the VA loan...
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As I do research on owning rental properties, I'm trying to figure out how so many of the rental property owners in my area are managing to make a profit while offering free heat and water to their tenants. After doin...
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I have my LLC with my property in it currently. For collecting rent purposes, do I start a separate business account for the LLC and put rent into the account and then pay myself like that or is there a better way or ...
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In Pennsylvania, tenants who occupy a rental unit over 2 years are entitled to interest on the security deposit. My tenants signed a 1 year lease, then a 6 month extension (actually titled “lease renewal”), and then a...
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Hello everyone! I’m hoping you can provide some guidance to us on this subject.Background: We are new investors and have set up an LLC with a Line of Credit attached. We used the Line of Credit to pay cash for our ...
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I have a small duplex that we renovated and have one family wishing to rent both sides. They meet all screening qualifications and I gave them a speech about how it has to remain two units (i.e. no knocking down of wa...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $327,000
Cash invested: $33,000
Bought as our home, then immediately built a separate entrance to the basement and ...
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What are some low overhead methods to cashflow a parcel of real estate? Please add to this list:
Building/Home Lease (Standard Landlord/Tenant Relationship)
Billboard Leasing
Cell Tower Le...
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Hello Everyone!
Im looking for insight as I put a plan in place to purchase my next property. I am located in Chicago Suburbs and bought my first house in May of 2019 which I house hacked and later converted into a r...