Hi BP,I am new to investing (still looking for first property) and have some questions about using a property management professional..I have not met/interviewed with any local companies at this point in time.I know t...
A building recently bought has a section 8 tenant.The girls boyfriend apparently is staying there and is not on the lease and another tenant has said there are dogs there.
We are in a transition phase of taking the a...
Hi guys,
I've been looking into buying my first multi-family. This property is a 6unit. Without revealing the price, I'd like to know what the investors on this forum are willing to pay based on the numbers. I'm sur...
I'm a CA resident, my investment partner is a CO resident, and we just bought our first (of hopefully many) rentals in ID and potentially other states.Given i am a CA resident, it sounds like an LLC isn't practical gi...
I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...
Hello All,I joined this forum about a month ago and have enjoyed reading through and getting educated! In a few months, I am expecting that I will have $100k to make my first real estate investment. My plan is to do ...
I know this is subjective to a multitude of different things, but is there a number that you experienced investors look for monthly cash flow? 4unit -$300, 8 unit- $500, etc...I have a couple properties in mind but I'...
I am currently under contract for my first STR in Almond, NC just west of Bryson City. This property has a nice mountain view with a good-sized deck. I am going to be doing a complete cosmetic rehab on it. The proper...
Merry Christmas and Happy New Year BP Family! Has any house hackers run into issues getting a conventional loan for a new/primary residence due to taking a loss on prior years tax filing on multiunit? Otherwise consid...
Hello BP family,I just purchased my first ever Rental Property here in Illinois a few months ago. The home was purchased under my own personal name and has a mortgage. I will be self managing the home , but I was wond...