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My partner and I were new to Real Estate investing 10 years ago and bought a rental property and placed it in an LLC outside the state of the property. We never realized that it was necessary to file as a foreign ent...
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Roughly a month ago myself and 5 other individuals established a Real Estate Investing Group (REIG). We’ve found a property that will provide a handsome return if we properly apply the BRRR Strategy. Each of the six ...
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I am getting ready to purchase a home at the courthouse steps. If there is a first and second lien on the home and I win the bid for the first lien what happens to the second lien? Do I have to consider it when bidd...
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Hi BP, I have listened to several of the podcasts on BP and read several forum posts about subject to purchases, but I have a few questions regarding the logistics that I am hoping you can help me with. When investors...
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There was a problem with rodents getting into the house and the tenants were complaining, so I hired a service to solve the problem. The initial cost and monthly visits were quite expensive, so I said I would do the i...
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In a few weeks we will be closing on a duplex where both sides are rented by one individual with a month to month lease. The young lady is a nurse and is using the other side to "sub-lease" to an elderly person where...
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I had been doing some research about Jacksonville and am going there soon and it seemed the rental market was hot with low vacancy rates. I'm looking now at listings for properties that are lower end, in the urban cor...
A roofer did a job for me. The quote we talked about is about $7200 without replacing rotten wood.
When I asked him how much rotten wood he would have to replace at the maximum he said it would cost $ 1000
After fin...
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Investment Info:
Single-family residence buy & hold investment in Newnan.
Purchase price: $180,000
Cash invested: $45,000
This was my first "real" rental property and was purchased while living o...
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I'm looking into landing my first deal within the next 6-9 months. I initially wanted to BRRR a multiunit (2-4 units) property but then started reading up on all the legal implications and hassle of managing tenants,...