For the first time in my life I have decided to do a lease option. I am the seller, and I am using a Realtor who has found me a suitable tenant-buyer. All parties have agreed upon an option deposit of $3,000. T...
Is there really a point to trying to avoid PMI? For example. I'm looking at breaking into RE investing through long term rentals, starting w/ houses around $100k and renting for $1250-$1500. Is it worth me putting d...
Does a buyer working through an LLC affect how hard it is to get a hard money loan or to refi after the property is bought?
I listened to a BP pod cast last month and someone said if your business is to flip homes, you do not need to pay capital gains tax for less than 12 months. I mentioned this to my CPA and they were not aware of any s...
I am curious what tax strategies people are planning to use to avoid the $10,000 cap on deducting property tax on a primary residence.Has anyone considered quitclaiming a primary into an LLC and then renting that prop...
I'm flying to CLV next week to walk through my apartment building.Looking to network with local investors, brokers,general contractors etc. BTW, any REI meeting next week? I found this online and wonder how many peo...
Hey all! I'm just starting out located in the twin cities area (MN). I closed on my two bed one bath condo in April of this year and didn't stumble across BP until shortly after. I really like the idea of building a m...
This one is a bit complicated, and I'm wondering if anyone can provide any advice... I located a triplex recently that not only appeared to be lived in by a hoarder, but also seemed long-abandoned. After doing some ...
My wife is a Romanian immigrant, and her brother (still in the old country) did well in Real Estate investing in Romania before the market crash in 2008. As bad as the crash was here, it was worse there. He's been t...
So this duplex is my third property that I purchased just by chance while doing repairs to my sfr thats right next door. I was working on my place when I saw a man on a ladder painting some bare wood on the duplex nex...