Darian McMillan
Home Share as a loop hole to STR Zoning limitations - Virginia Beach.
Good Afternoon BP Traffic,I am posting from San Diego right now. I am a military member with fresh orders to Norfolk. After looking around the area with my Fiance we discovered that the rental rate is very low. (~1.2$...
Matt M.
What do you guys do w/ the rental income?
Do you pay off the mortgage at a higher rate? Do you put the money into savings for THAT property incase it needs work? Do you put it into its own savings account to use for future investments?
Scott Gordon
First Property - Tours/Application Process
Hi All! I just closed on my first property this past week and am hoping to have it rented out by June 1st. I have 130+ messages on Facebook Marketplace alone, though I realize not all of them will be qualified even th...
Kenny M.
Tough decision. Sold some properties, others no mortgage
I've been selling off some unprofitable properties, but I made up for it with the sale. Netted around 200k all-in-all. I didn't do a 1031 exchange as I have so many carry over losses from my new construction, it reall...
Susan Sullivan
Advice of Creating an LLC
Good Morning Everyone. I am in the process of purchasing my first investment property. I had paralysis for YEARS, but this now makes sense. Its a small condo unit for short term vacation rentals, across the street ...
Dyanne C.
Investing in another city/state
I am interested in hearing from others how they started to invest in other cities/states. Who does your walk through? Do you have to hop on a plane for every closing? It seems like something that would be very difficu...
Tee H.
Steps to take If i want to rent my home out
Hi, I have an FHA loan on our primary residence, and we have lived in the home for more than a year. We are moving and I want to rent our home out.What are things I NEED to make sure are completed before renting my ho...
Nate Davis
Starting out, and curious about protecting my assets
Hello,My wife and I are currently looking into real estate investing to create passive income. We are looking at long-term rentals of multi-family homes. We plan on using the FHA loan for the first purchase in order t...
Tae Ross
LLC before first deal?
Hey BP, I'm prepping to make my first offer but I have a habit of wanting to check every detail which brings up a lot of questions. Should I have an LLC in place before closing my first deal? Thanks for the help!
Chris B.
Possible problem family in my rental - Steps to prepare for this?
I recently had a tenant family of 5 (3 adults who all signed the contract) move into a property of mine. I did a background check and called the past landlord who lives out of state. Landlord gave a good review and ...