Hello BP members,I recently bought a 2 unit SMF in a low income neighborhood (Buffalo NY).I had to evict the upper unit and renovate, now starting to look for a tenant.I priced it a bit high for the area and i have on...
Hi everyone -I own a 5 bed 4 bath home here in North Austin, TX that I currently house hack. I've been doing 3-6 "trial leases" for new tenants and they can extend after; however, I have a W2 sales job that takes a lo...
I am closing (selling) my first flip on Tuesday. I purchased the SC property though a NC based LLC. The closing attorney sent me a SC Transferor Affidavit Tax Lien Inapplicable form to fill out, for which I must eithe...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Colfax.
Purchase price: $210,000
Cash invested: $21,000
Bought this property as a house hack using an FHA loan. Three uni...
In the area of my property the city has zoned out any STR under 30 days, but I did a little research and there are a few operating in the larger “no STR zones” but have a min occupancy stipulation of 30 day minimum st...
Hello everyone. Really glad to have joined the group. I am in the process of listening to all the episodes from the podcast. Currently in Episode 50. With that said, let me breakdown my background, my investment expos...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Albany.
Purchase price: $730,000
Cash invested: $360,000
After several months of renovation and rent increases, the buildin...
Last year I began investing in real estate and will need to file taxes for 2019. I have an LLC with 2 single family homes that were both purchased in 2019 and used as buy-and-hold rental properties. Since this will be...
Hi All,I am starting out and have 1 duplex in my name. 1. Should I put the property under the LLC and place the LLC in a Trust?2. As I acquire more properties do they need to be in the name of a different LLC or could...
Most real estate investments, despite the name, are really about the buildings and structures on that land. But buying vacant land, without such infrastructure already in place upon the property, can be lucrative as l...