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This will be my 1st investment deal and i'd like some help. Here are the numbers followed by some questions. Personal Side:$50K w-2 + $50K personal note I own$40K savingsCredit Score around 750No personal debtProperty...
Please help a newbie out! I would love some help and/or advice on my next step. Here's my situation: My partner and I own a single family home through our LLC and bought it outright, all cash deal. We paid $303k last ...
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I attend auctions and took a chance on a very unique property. I paid $10,000 for a 55,000 SQFT abandoned military cafeteria and post office sitting on 4.2 acres in Rantoul Illinois. I do not have experience with anyt...
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Tenant ordered mold inspection directly without my approval. He wanted me to reimburse the inspection cost $500. I didn't reimburse him. The mold spore counts is actually very low. However, since the inspection ...
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Hello BP Community. Looking for advice on what to consider for my top 3 MF markets. On paper, things like higher rent to price ratio, average cap rates, and high rental %'s in the area seem to be the best data points ...
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I have owned a rental house for years and have never had a bug issue in the past, or with past tenants. But now I have a new set of tenants that moved in 7 months ago. They are now claiming that there are bed bugs in ...
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Hello everyone,Looking to learn a little bit more about 1031 exchanges and and 1034..First off, can both of these tax exemption strategies be utilized in tandem? Secondly, does the QI pay your taxes on the house? or d...
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Good Morning BP - I'm new to the BP forums and like everyone else, here is learn some more about RE investing and creating wealth. I have been serving the last 13 years in the military and have another 7 to go before ...
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So I have been vetting private money lenders from a pretty reputable website and have asked multiple questions about how the process transpires. In the experience from all of the investors here on the BP forums that...
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Hello :) My husband Jim is a contractor, has his own small business (remodels, custom decks/fences, basements) , and I work full time for a city. We have wanted for years to get into flipping houses but did not ...