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So I finally closed on my first commercial property in San Diego on 12/31/12. The escrow placed the property under my name and my wife's name but I understand I need to move the property to a LLC for asset protection...
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Hi, I'm a brand new investor. My business partner and I bought a small but really nice town home in a great school district in Glen Allen VA (Richmond). We posted it on multiple sites and have shown it to 20 people. W...
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Greetings. I see this question a lot and reading the discussions I am still unclear on what the best decision should be investment wise.Here is the breakdown of the rentalPurchased 3 years ago FHA for 164KInterest rat...
The question is whether to leverage an apartment building more. I already posted the setup several months ago:I'm a 63 year old doctor and a student of BP and RE investing but little practice. My investments have been...
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We are currently stationed in Guam and recently noticed houses appreciate pretty fast. Houses that were 350k a year ago are now about 425k. This led my husband and I to consider owning but the numbers are not adding u...
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I bought my first duplex at the start of 2023 in OH. I bought it for $143k and put 30% down ($43k down). The seller gave me a check for repairs. I thought I had enough but quickly realized there was way more that need...
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I'm currently looking for my first home in the Tampa area. Based upon my limited knowledge of Tampa's market its tough to say which is the better option, single family house hacking or multi family and renting the oth...
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Hello, I am looking to start my first house hack starting in the northwest suburbs of Chicago, my own back yard in march and i want a 2 - 4 Unit property. i know i may not be Cash Flow positive the first year i start ...
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Hey BP,I am trying to make this deal work but right now my numbers are tight. The property I am looking at is a new construction side by side duplex, both units identical. For some reason it is not considered a legal ...
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Hi,I am new to the BP community, and looking to invest in multifamily rentals, possibly STR or MTR. I don't know where to start, I have some accessible capital, but with the terms the bank is giving me, I am not sure ...