Hi all,I am just getting started and am ready to get some properties under my belt. I am a little unsure of what direction I want to head. Could you please tell me the pro's and cons of flipping vs. renting? How to...
hi BPI've been thinking about this.Is there a difference being a pushover and being reasonable? ------Ex. Negotiating deals, if you are seller or represent leasor, Buyer/tenant is getting all his terms met. The seller...
Well we closed on our 4th foreclosure this week. This one being our first HUD. The others have all gone off without a hitch. We had our HVAC guy come out to fire up the heat and got some very bad news. The house has b...
I have two rental properties in Texas in my name and was researching about possibly doing an llc for future ones. The draw backs of an llc are looking pretty bad like:
- lawers can pierce through protection
- insura...
Hi BP,
I'm planning on buying my first home in the near future and would like to rent out the remaining rooms. I'm wondering what the community thinks my best option is. I was looking for houses in the 200k range but...
I have a very interesting opportunity to purchase a group of properties that will include single family (my sweet spot, those I totally understand), garage apts, and duplexes. What questions should I be asking that ...
Hey BP members,
I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies...
My quest...
Hi There! In FI community for some time (save over half of income), but first time real estate investor/never bought a home.
My question: Is the following a good deal for house hacking? My gut is saying no, but I'd l...
Hello BP,
Which of the following is better investment play for first-time investor based on current market conditions and that cashflows (8-12+%) per year?
1) Turn-key properties including new builds
2) Multi Famil...
Hey all!! Hope everyone's having a great day!I'm a rookie investor who recently (like one year ago) bought my first property and then my second. I moved into the first property and put up the second property for rent...