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I found a 4br home in Grass Valley, CA where seller is willing to do financing w 100k down. Asking price $450k. Pest report shows termites and porch needs replacing or taking out, still assessing real costs of this. ...
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I have bought 2 long term rental properties with my brother. I am on one loan and title, he is on the other. We have a separate contract stating we are 50/50 owners. Will we be able to 1031 exhange when we sell the pr...
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Hi BP Family,I just setup my LLC and want to move my rental from my personal name into the LLC.The problem is two fold: 1) I have a 3% loan on it that I don't want to let go of 2) I have a heloc on this property.How d...
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I am currently closing on a duplex and I plan to live in one side and and rent the other out. The electric and gas are separately metered and are easy to have these expenses paid by the other renter. The water on t...
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Looking a at nice muti-family.The good:One 3/2 house with 3.5 year tenets that are month to month right now.Two 1/1 apartments over a 4 stall garage (which is not used by tenets)The bad: after showing but before I pu...
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Hey guys, what are the proper way to do distributions?Lets say I have 5 rentals, the money comes to my property management company, then property management company does a distribution to me... 1) Should I do it via c...
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Hey there. I'm new to REI and am working on finding a good deal for my first investment. I've come across a property that I like and that appears, at least initial numbers, to look like it might be a good deal. It's a...
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Hello BP community! Just curious if any investors here have properties in Joshua Tree?
If yes, are you guys using the Airbnb strategy as a rental?
I plan to have at least one property out there to Airbnb in the fu...
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My husband and I are looking to get into fix and flipping this year, once we move up to Orlando, Fl from Miami, Fl. We will have 100k in cash to invest in our first project for purchase and repair costs. My husband ...
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Hi there,My friend and I finally purchased our first real estate property. Single family condo unit we will rent out indefinitely.Since the price of the unit was so low (~$250k), we decided to take out at mortgage at...