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Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
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Hi friends,I rehabbed/renovated a single family home in Baltimore County. It was supposed to be my first fix and flip after getting 4 buy and holds finished. But I'm frustrated and just put it on the market for rent. ...
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To the High W2 earning BP members out there, what strategies have you used to decrease your W2 taxable income? Depending on what state you earn your wages, income tax rates of 40-50% are unreasonable. Most of you like...
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I have been investing for just over 10 years. I started with a duplex where I lived in one side and rented out the other. I now have 13 properties. I feel like I know what I am doing, but whenever I look at my numb...
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I was out looking at homes today and found a for sale by owner that looked like crap on the outside. After talking with the home owners daughter, she said they were looking to sell the home for $6,000. After talking w...
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I don't care if you love or hate the current tenant at 1600 Pennsylvania Ave. This post isn't intended to be political.I am curious to get the opinions of other BPers on what the investing road ahead/climate looks li...
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One of the biggest rookie mistakes that I see newbie wholesalers make is that they want to start looking at real estate BEFORE they have any buyers....
Even when things were decent with our housing market I would nev...
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When looking to purchase your first investment property, would you prefer a short term or long term rental plan?Would love some pros and cons! Thanks!
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Hi,We own a few single-family properties in the Phoenix area and they are all managed by the same property manager for many years now.Since these houses aged a little bit and have normal wear and tear it's time to mak...
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I am looking to incorporate myself for a variety of reasons before fully engaging in my RE journey. I am curious what option you took for incorporation and why you chose that option. I have an MBA so I know a decent...