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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $510,000
Cash invested: $50,000
First investment done and in the books! We purchased this home due to the great l...
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Didn't see any extensive discussion around BP about this. Small city Rochester Minnesota, home of the prestigious Mayo Clinic plans to become global biotech hub/destination medical centre. THE $6.5 BILLION, 20-YEAR ...
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Today at our local REA meeting our host was talking about his new book and how he couldn't have written it without the help of so many other people. He had started our REA several years ago - giving his knowledge out...
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Hi,I just create a one member LLC and trying to add my properties to this new LLC. Since it's a single member LLC it's default to tax as "Disregarded Entity" like a Sole Proprietorship entity(pass-throught income?). ...
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Highlights for duplex
- asking $245k
- 4bed 2.5 bath each unit
- built 2006
- current rent roll is $3100 per month (avg rent in area is $1200-$1300 per unit)
- current tenants are month to month
- taxes is $4500 a y...
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Hey BP,I'm currently renting but in the process of looking for a duplex (preferably) or a SFH to live in flip. I'm doing what most people are; reading, listening to podcasts, and constantly trying to save money to get...
I found a nice 650k duplex sitting at a nice spot in town..I want to put down 300k as a down payment ( with 350k mortgage) ( the duplex rent for 2200 upstairs and 1600 downstairs utility included). I plan to live down...
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What are some of your best suggestions for books and podcast on multi family investing, due diligence and Landlording multifamily real estate?
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Crowdfunding is an interesting concept and does allow a broad spectrum of investors. While every company that has these types of offers will make you sign 100's of pages highlighting the fact that you may end up losin...
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Hello, everyone. I'm am brand new to real estate investing. I came across a property that looks promising, but I am hopeful to gain perspective prior to committing. The property is listed for $355,000. I have 20% to...