Hello, My brother and I, are starting a real estate investing business. He is 38 and I am 30. He has experience in the Southeastern, MA area as he has owned multi-unit property previously. I am a public servant (law e...
BP friends, seeking your advice. A friend and I are diving headfirst into real estate investing. Our goal is building a successful investment portfolio. I bought/financed our first rental. He bought/financed the s...
I am new landlord and would appreciate some advice. I have a young engaged couple with her child who are interested in renting my home. During the showing, they said they can meet the income criteria of 3X/income join...
Investment Info:
Mobile home buy & hold investment.
Purchase price: $10,000
Bought the Mobile home as-is from an out-of-town person whose parents, unfortunately, had just passed. The seller was the o...
Myself and two friends formed an LLC to acquire properties. We would like to take advantage of Fannie/Freddie loans, so we plan to have one person purchase individually and transfer title to LLC, which I understand is...
I own a 4 bedroom house that is currently being rented by 4 friends together - great tenants, btw. 3 of them are moving out in a couple months. The 4th person wants to stay and I would love some insight on how to ma...
Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
Hello,a friend of mine lives abroad, but would like to invest in real estate with me and share in the equity-upside. My CPA is mentioning FIRPTA as a relevant topic.have you ever received money from Foreign people? Wh...
Hi folks,
I received an application where 4 people who work at the same office would like to rent my SFH. They all applied. credit scores are low but combined income is much greater than rent. No criminal or Eviction...
Hello everyone. I'm working with a friend who has many years as a Real Estate investor. We are considering starting our own property management company in California. Neither of us is a licensed broker however (requir...