Hey folks!I've been lurking on BP for about a month, so I have a rough idea of the regular newbie steps which I will try to address below. I'll greatly appreciate feedback on any subset of my questions. Thanks!First a...
Why are property taxes are double or triple on rentals than owner occupied? Mobile county is more than 1%. some counties in Ohio as high as 2%+. What gives? Prises are so attractive but as soon as add the taxes….there...
BP! Hope all is well! I’m looking to invest out of state in Phoenix Area or Las Vegas. I’m currently in Cali. I want to see why you would prefer one state to the other. Vegas is a lot closer to me however I feel Phoen...
I see Cleveland come up a lot for investors out of state. It makes sense when you see the prices are relatively low and rents are relatively strong for those prices. I invest there because I live in Ohio and grew up...
Hey BP! We finally closed on our first flip on Friday and I now feel like I can post about it! After being under contract 4 different times, I feel numb to the whole selling process and it hasn't actually hit me that ...
So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...
Hello BP community,
Earlier this year, I started my real estate journey. For the past few months, I've been accumulating as much information as possible. I've read a good amount of books, been listening to podcasts, ...
HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
We bought a duplex last January & inherited a tenant. It’s a duplex lot but has 2 houses on it. I’ve had nothing but trouble with this tenant. They pay their rent on time. When purchasing the property, there was n...
Hello everyone,I just bought a URL and am looking to create a new real estate website. I was hoping for some advice from more experienced investors on best practices to use!- I know I first need to find a website host...