Hi BP,I’m looking for my first real estate deal and found one out of state in Middletown Ohio. It’s a duplex that’s zoned as a single family. Here’s the stats:Purchase: 120kRent $1590Utilities paid to tenantsFully ren...
Hey BP. I had a friend post this on the facepage. (Facebook). They are renting the home and the landlord has called and complained to the HOA multiple times about the trash not being picked up. Trash pick up is part o...
Hi BP Community!I am moving to Seattle in September and hoping to buy my first condo. I am doing some budgeting and wanted to get your feedback to find out if I am planning correctly. I am planning to put 5% down on...
Mine was initially to build financial independence. I did that, but am still in the grind trying to build more wealth. With full time work, grad school and a rental business, I'm wearing out. Last night I thought, wha...
Is it possible to do this? I am trying to think of a creative way to put a property "in service" to be able to claim schedule E deductions. Yes, yes, there is a back story to this.
Hi there,I have a friend who just moved out of a rental and his landlord charged him for cleaning and repairs down to the penny. The PM of this landlord gave his opinion which is - everything was left in great conditi...
Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $48,000
Cash invested: $48,000
2b/1b property with a basement area.
What made you interest...
I'm looking to start REI with a partner and was wondering what is the best way to shield assets from potential foreclosures? Are LLC's still the best way to go? I know that it's difficult to get a bank loan if it's a ...
The City is planning on acquiring a portion of my land, just the landscaping portion. How do you normally value or appraise the land the City is taking of the landscaping portion? Would your appraisal compare to vac...
I have a question about refinancing rental properties... I own 4 rentals which have balloon loans on them. All are about to expire, so I need to refi. I prefer to refinance on the secondary market which offers lower i...