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Hey BPers!So I recently checked out a duplex (2 3bd/1ba units) that’s listed at $220k, but requires a great deal of work given its age. For instance, the seller has already agreed to credit the cost of rewiring the ho...
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Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...
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I am getting ready to purchase this duplex for the intention of hacking to get out of debt from my early 20’s. The current tenant in there has been in there for 15 years! She’s sweet, kind, doesn’t complain much and r...
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This is a partial FAQ for a very complex topic that has a lot of possible twists and complications. Maybe it will trigger a discussion leading to a more complete FAQ.Here is a scenario. Harry goes on a weeklong trip f...
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I’m new to real estate investing, so I have many questions. I currently only own one rental property in Florida. Only became my rental because I moved to California for work reasons so I decided to keep it. I’m now lo...
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We have properties in different states, and we have been recommended to form LLCs in each state to hold the properties. I was wondering if anyone could recommend a lawyer that could assist with creating the LLCs. Al...
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Hi! I plan on moving to Denver in the coming years and plan on turning my current residence (2B1B condo in San Diego) into a rental property. I have someone local to help me manage the property but I was curious about...
In the last few years I have been fortunate to have a number of international (non-US) persons invest in real estate with me.
One of the biggest concerns that international investors have is the tax burden that exis...
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Hi all,
I'm exploring an opportunity to by a hotel that my wife and I would live in. My parents owned a similar property, I had helped run it throughout growing up. I'm involved in the hotel industry career-wise as...
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Hey guys. I'm a new investor in Louisville Kentucky and I'm looking for input on my investment strategy. For reference, I'm a full timE paramedic. I cUrently have no rental properties or experience. My current budget...