At 19 I purchased my first property in the military. With a zero down mortgage i got a 2/2 condo that i plan on renting out in 2 years when I move. The condo should cash flow 100-200 a month. I move in 2 years and i ...
Does it matter how much it cost if it cash flows?
Hello,I want to form an LLC to hold my properties, and will be doing this in Ohio. I just got a quote from an attorney there for 1000 dollars to form the LLC for my future properties in Ohio as well as the one I'm ab...
Hi folks - newer to BP but a young striving REI, I’m looking into an option for capital to start my REI journey. bottom line: grandma moved into senior facility. My dad and his brother are looking to sell her home.sit...
Looking for some opinions on what the best approach may be in this situation. I decided to sell my first home, and buy a new home, feeling like the market isn't terrible as a buyer if you are also selling. Under contr...
It appears the only way to make a househack work in Austin is to build an Accessory Dwelling Unit in the backyard. Prices are very high for anything with 4 miles of downtown. I'm thinking buy a rundown house in east A...
I'm looking at a list of 25 properties, most of them in really good condition.Referencing this site below, if a property is worth 100k, than I pay 50k to the tax assessors office. Scenario 1: The owner pays me my 50...
Have you thought about this much? Do you have any specific indicators you watch in your local area, region, or at a national level to gauge current health of rent rates?How much can rents drop (%percentage) before it ...
I purchased a NYC (cooperative) apartment that was listed as a 2 bedroom (and appraised as a 2 bedroom- like my place, the comps were 2 bedrooms, one large and one small). This was my first primary home purchase, and ...
Hey BP, and particularly Baltimore folks - Another BP member, @Kenneth Futrell , and I are thinking of doing some work together on a tax lien that he purchased. We had a couple questions and were hoping some folks who...