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Hi BP,I live in California and I'm forming an LLC with another person (who also lives in California) in order to buy 5-10 rental properties (small multis) this year in Kansas & Ohio.My CPA is telling me that I sho...
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Our first "real" deal, and our market is so hot right now it's hard to get in on anything. so we checked out a Hubzu auction, walked the property, and put in a bid. And we're the high bidders!
now we wait to see i...
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Hi,I live in California and am looking into investing in a property in Columbus, OH. I'm new to out of state investments and if anyone has resources on the following, I'd be really appreciative:-How do taxes work if I...
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Has anyone had a tenant call there pet a service animal and try to get around the pet fee?
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Can someone break down what the purchase price of a home is?A) If a house cost 325000 and I go get a loan from the back for that much, is that the purchase price? B) Is the purchase price the cost of the home after th...
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I located a property that has a note for 140K. The note holder, an out of state financial company is eager to sell. The house was condemned by the city. The judge has given until March 28 to begin repairs or the house...
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After reading posts after posts of land trust, LLC and asset protection, etc, my head is spinning. So I thought I'd start a new discussion on my specific situation and solutions.I am closing five out of state REO prop...
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Hello, I just joined BP and have been reading & watching tons of great stuff! fantastic source of information and tools, needless to say! i'm in my research phase right now, learning as much as i can before i move...
New to renting, looking for advice.
Single family home valued around $1.1m. Roughly $510k owed. Converting it to a rental projected to rent @ $4500 monthly. Currently monthly is $2800 monthly on a 2.65%. Property Man...
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Several weeks ago I posted on BP asking for advice from actual property owners in the Cleveland area (Euclid, specifically) about their experiences with local property managers. I never received a single response from...