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Hey all! I started my REI journey in Q4 of last year and have since picked up 2 properties. They are local long term rentals with very little if any cash flow. But it got me in the game and they’re in great areas🙏Tha...
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When does a rental home renovation cost too much? I purchased my first home while college and it needed a ton of work. I used this home as my “crash course in home renovations”. I did all the work myself by watching Y...
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Will anyone with direct experience cutting out, and re-pouring a badly cracked garage floor please comment on the success of the job. Was rebar attached to the remaining perimeter foundation prior to pouring? I dont w...
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Starting to flip with a young go-getter. I put up all the cash and he does all the work. What's the best structure for such a partnership: liability, taxes, avoiding commingling with other deals, expense tracking, etc...
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Hey everyone! Have a situation that I want some input on. What financing options do you think is best for this situation.Lady is selling 6 individual condominiums in the same complex and is willing to do a bundle deal...
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I've been thinking about getting into REI. RE Syndications sound appealing since I've heard its more passive than typical REI as I could just hire a manager that has way more experience than what I have, and possibly ...
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I am currently a 33% owner in a S-Corp that has loans on several properties. My partners and I have agreed to a stock issuance to allow an additional partner to join the company that will dilute me personally to a...
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Hello, we recently completed a sale of our apartment complex for $850,000 that was on a standard commercial loan. We used a 1031 exchange intermediary and then purchased a condo in Florida all cash for $360,000. We we...
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I wish I would have discovered this website earlier. There is so much information and everyone is very helpful.
Here is my situation:
I became landlord about 6 months back. I bought my first property as all cas...
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Hello everyone, I am new to investing and new to BP but am excited to be here!Background info: I currently own a house and did a house hack and planning to hack another part of my house to generate some more cash flow...