Hello BP! I have a client that owns a rental home here in San Diego since the 70's she is ready to do a 1031 exchange and will have 400k after sell. She is retirement age and doesn't want to deal with property man...
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Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
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I am in my late 40s. I have always dabbled in real-estate and done well. I am approaching it in a much more specific way now. Should be closing on my 6th rental next month. What is the goal number of homes for most of...
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I know this probably varies based on location, but I was curious if any Realtors had tried competing on commission percentage. Or at least used lower commissions to incentivize sellers to use you. When I got my licens...
I am 22 and just purchased my first rental property, a $390k Duplex right out of Philadelphia in Montgomery County. It will also be my primary residence for the next year or more. The seller purchased the property as...
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I am currently saving for my first down payment on a buy and hold real estate property. I'm using Barclays with their really high 1.5% APY savings account. A lot of people will argue that if you are saving for a down ...
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Hello BP! We are managing our first rental property and have come across a concern with pets at the property. We approved 1 dog (specifically identified on the lease) for the tenants. We recently learned that they too...
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Well, this could definitely be a market mover around my neck of the woods and across the country. Facebook will permanently shift up to half of its employees to remote work.Will people choose to live in the Bay Area i...
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Hello All,
I have decided to come to the BP forums to ask for your advice and or thoughts on my current situation. I currently live in Ann Arbor, MI and own a primary house here. Due to a new job offer, my family i...
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I'm new in the real estate and I have never done it before, but got around 200k to start investing and generating some monthly cashflow. I've been learning that over here (SD) is terrible to get some cashflow but its ...