Hello!Finally taking the plunge into the "Flip or Flop" world! Hopefully, no flops!My partner and I are in the process of waiting for the paperwork to be processed for our Llc/S-corp that our CPA recommended we set u...
Hi,looking to trial room rental in my residence in Sterling, VA. I have read some posts where the recommendation was to do month to month leases in order to have an easy out if things don't work out, and in addition t...
Hello everyone! I am originally from Florida but my fiancee and I will be moving to Albuquerque because she got into medical school. Are there any areas that are recommended to purchase a home with an FHA loan? I will...
Hi all,Wondering if you could give me some feedback on these numbers. This will be my first rental so much advise would be appreciated!! This home is in a good area, right near several colleges - therefore it would be...
Hi BP family,
Would YOU do this deal?
7 units total (6 res, 1 comm. 1 building)
6 2 bed/1 bath. 1 1,000 ft2 comm. space (vacant)
$5,000 gross rents, comm. space vacant. (Rents under market value by ~$200/unit)
$4...
Hey Guys i need your help!!!I"m heading down to Philadelphia ( from New York) to look at a couple of properties that my real estate agent has provided. There is a particular property that i have taken a great deal of...
My husband and I bought a house with cash with the intention to finance it once the rehab is complete and a tenant is placed. This will be the first of many BRRRR deals if we do this right.Currently, all our income is...
Hello BP!! There is probably already a post on this but wanted to share it.I was doing some research online in response to another BP question and found several resources to assist apartment building owners that have ...
Hi BP,I am about to buy an FSBO. The seller plans to take the proceeds and buy another investment property. His price is "firm because of capital gains taxes that he will have to pay when he sells." My question is, do...
There are 6 key areas of having your own real estate business that I recommend reviewing periodically to ensure you are on the path to growth and sustainability. It’s a great way to check in with yourself to course co...