Hi everyone i have a question if anyone can help with advice it will be greatly appreciated.I currently own my single family residence i purchased in 2012 and I also own my 1st home purchase (2 family multi purchased ...
I recently listed my first house in my area. However, I am worried because no one has reached out to me or called to schedule an appointment to preview the house! I listed it yesterday and I am wondering what should I...
Anyone experienced in C class investments? I am looking into a 4-Plex in a C class community with 11-12%CAP Rate. The CAP rates factor in property management fees and a projected 40% expense figure. The community ha...
Hi Everyone,question. We are looking at properties in a state outside of where we live.. we are in Texas, and we are looking at mountain cabins in NC. We are first time investors, so i'm wondering if it would be bet...
Hi everyone,If you own rental property, it's essential to maximize your tax deductions. Here are some tips:1. Depreciation: Remember to depreciate the property and its improvements.2. Repairs vs. Improvements: Repairs...
I'm trying to learn how to spot a BAD DEAL. Property is a Tahoe Park duplex (2BR, 1BA, 1 Garage each unit) near 65th and broadway. Even at 100k below the listing price, the monthly cash flow is merely 26 bucks! Can yo...
Let's say I purchase. house hack with an FHA loan, would the closing cost still be roughly 4% of the whole property? Would I be responsible for covering the whole closing cost? How do closing costs work? Any advice w...
Hi BP community! I’m making my first rental property investment in a market different than where I live. All condos seem to have high HOA fees which upon analysis decreases my cash flow monthly. Should I instead consi...
Apologies for the rant, but I'm sick of seeing these optimistic pro formas done by turn key companies. I often see 5% vacancy, $50/m maintenance, and often no CapEx budget! Not to mention the PM fees that you will hav...
I'm curious if anyone has started a series LLC in Florida or Ohio? I live in FL but own property in OH, so where do I start it? Also a business question about LLCs in general, can I buy assets through the LLC? and doe...