Hello All:Well, here I find myself in a situation that I hoped I would not be in despite my best efforts. I've started a rehab on a SFH and after getting into the project, I've discovered a handful of things that wil...
I saw discussions about tenants suing for negligence and the potential of an investor to lose everything.This may be the purpose for someone setting up an LLC, but for someone just getting started, it may not be reaso...
I currently have a duplex and planned to purchase more however...I started reading,"The ABCs of Real Estate Investing" by Ken McElroy and I'm now considering in putting my money in apartments. Something small like a 6...
What is the ultimate goal with BRRRR? Wanted to see what is everyone’s ultimate cashflow goal with this strategy. Is it, at the end of this chain of transactions to own a few property free and clear and have less ten...
Hello BP!My house finally went under contract yesterday after lowering the price down $30,000 and having it sit on the market for over two months. We agreed that I (the seller) would pay $5,000 of the buyer's closing...
Hello,My goal with real estate is to replace my monthly income with passive income. For that I have chosen - Multi family investing. This could me anywhere from duplex to apartment building. Can experienced folks tell...
Question is pretty straightforward, I live in the Bay Area and see numerous MultiFamily properties advertised for 5% Cap Rates and below. My question is how this is profitable for investors? If I'm most likely borrowi...
Tenant is violating contract and staying past lease date Can I make LEGAL threats to them? “ I will be calling police for trespassing “ Etc?
Hello BP! So for you out of state investors I have a question for you. I have been working with a Realtor who also owns a property management company. This Realtor has been helpful in bringing me leads that fit all my...
I'm building a house intended to be sold for profit. The house is still under construction at the end of the year. If I'm $250k worth of expenses into the project, do I write those expenses in this tax year? Or do I m...