Hello fellow BPers, a close friend of mine revealed to me recently that they are selling all their rental properties where we live and relocating out of state. They have done quite well and bought during the market do...
Just had new tenants move in. We fixed it up and painted it. Sweeped and mopped the floors. Cleaned the floors and fixed everything that needed fixing.The tenant comes in to sign the paperwork and loves it. Within a w...
Thanks for BP community. I made my first step as a new real estate investor, I am going to close my first rental property next Friday. It is a SFH built in 1967. And needs some fixes, here is a brief inspection repor...
Hello
Is there a thumb rule to determine if a rental apartment or home deal is good? What should be considered a good return % wise, let's say in Houston, TX or Minneapolis, MN or Chicago, IL.
Thanks
Sid
Hi All,I bought a SFR in the KCMO area back in January 2021. It has strong cash-flow but has also appreciated quite well. I am struggling to understand how to pencil out at what point the correct decision is to "trade...
Hey everyone!So I've been researching real estate investing for a while now and I think could be a really good fit for me (specifically small multi-family properties/house hacking). I'm ridiculously excited to get my ...
Hello all, I’m curious is there anyone in this group who has personally purchased property in their own name and then transferred it into an LLC? If so, are you happy with how this is working for your rental business?...
I have some 1031 money to put to work (about $2M). We won't close on our sale until end of January, so we have till around mid March to identify properties. We've looked at many options and prioritize them accordingly...
Plan to sell two SFH for an 1031 exchange. Never done any 1031 before. Need your input on what type of asset to go after. I know 1031 exchange has time pressure. I better to do a lot of homework ahead of time to n...