I am bidding on a 2 bedroom Single Family Home to make into a rental. With finished basement it would be a 3 bedroom 2 bath.It's in a small town and comps are usualyl around $90k - $150k although hard to say for sure...
Hi everyone,I'm relatively new to BP and hoping I can get some advice from experienced investors.For context, I am 34 years old and have a full-time career looking for ways to create passive income. My goal is to crea...
Hi Everyone,
New to the community and glad a resource like this exists. My wife and I recently purchased our first property in Oakland, CA by the MacArthur BART train station if anyone is familiar. It's a duplex so w...
Hi all,So I am starting an LLC with two partners for rental property purposes and feel like I am over thinking the structure.We will be investing in Connecticut and Pennsylvania my first thought is to use the parent-s...
One of our rental properties is free and clear, and the tenants have been in the home approximately 3 years. This property is being taken care of through a property management company. This past year, the tenants ha...
Hi All -Must an FHA loan be one of your first 4 mortgages or is there no relevant restriction? To put it another way, can a 5th+ mortgage be an FHA loan? Are there any other relevant considerations surrounding the num...
I use the security deposit (and the first month's rent) as a test case to see if the potential tenant will be able to pay rent on time. If they can't come up with a security deposit and 1st Month's rent prior to w...
Hi! My name is Nathan and I’m considering making my first deal as a Real Estate Investor. I’m very strict on organization and would like to have separate accounts for my rentals and my personal finances. Since I will ...
Hello All!We are in 3 Different Markets.Expanding into different markets and growing, though we have a problem.Reputation and Buyer Dependancy. There is a DEEP Love/Hate Relationship we have with Wholesaling (Assignme...
We are at the end of our home-building process. My husband and I are the homeowners. I'll break down the math: $262,850.50 - contracted price of the house with contractor $53,000.00 - Mechanicals that my husband su...