Hello BP !I have a 3 family in East side Providence, RI close to Brown University.Layout of the units; 3 bedrooms in each unitI have my daughter and her boyfriend living on the first floor, I totaly renovated the sec...
Hello everyone! Newbie here, trying to buy my very first property as owner-occupied and I'm very excited! I have a few questions that I want to get some advice from the pros in our lovely community ^^Background:I'm re...
If I purchase an occupied property but their current rent is below market is there a correct way to raise the rent on the inherited tenant to get up to market and increase my cashflow without overt risk to occupancy? ...
I am purchasing a home on Houghton lake MI, and have a few questions.
Am I better off putting it in an LLC or just in my name, and do I need a specific loan or anything to maximize tax potential?
Can I write of remo...
Hello BP friends,I am currently building a core 4 team as gudied by the David Greene long distance real estate book. I have money ready in my personal account and have an itchy trigger finger to buy my first place an...
Hello BP community! I'm a newbie investor but I'm so excited to get started. I've got about 50k in capital. I want to start an LLC and start buying rental properties. My question is if I'm am LLC buying my first or ev...
Does anyone know if I can add an ADU on a lot that is zoned multifamily? I'm trying to save the water and sewer connection fees and traffic impact fees (~$70k just for these two fees alone) that would otherwise apply.
HI everyone!
I am writing to ask how you chose your business structure for taxable events and passthroughs? Specifically, is there any good reference material you could point me to....?
Hi all,I am planning to turn the current residential property (SFH, 4b/3.5b) into a rental since I am relocating to another state. I put 5% down 2 years ago (conventional loan with PMI), fixed interest rate of 2.875%,...
Just saying hello. I just pulled the trigger on a STR/vacation home in South Padre Island. We went in big for our first one, but are feeling good about it so far. We used the BP calculator to make sure it cash flows w...