Lou Delricci
House Hack - Is this a good deal?
Hello to everyone. This is my first post and I'm hoping for a little feedback. I'm currently looking at a 2800 sq ft triplex for $300k. It's in good condition with (2) 2 bedroom 1 bath apartments and (1) 1 bedroom 1 b...
Ganesh Shetty
Help and advice needed on my first property
Hi guys,
I am from Germany. In the process of committing to my first deal. It's an owner financing/ rent to own.
Situation:
The owner is separating from his wife and hence wants to sell his home. They bought the home ...
Nick Rose
Cash flow numbers seem low - What am I missing?
I've begun poking around and looking at relatively small (8-15 unit, <700K) mult-unit apartment complex units. Initially, the numbers don't look all that great. Purely an example, I chose a property on loopnet. ...
Evan Hutchins
Mobile Home Park Maine
I have a real opportunity to buy a mobile home park in my home town inMaine. Its a family deal... My uncle who is 72 started the park and is wanting to retire. Family deals are tough but thats a separate topic.
T...
Account Closed
Where would you live before starting RE Investing?
Hello BP, here’s my personal situation:
Fresh out of the military
Living with significant other
A good chunk of debt
No savings
I’m reading Set For Life, and I’ve read Dave Ramsey’s Total Money Makeover. With th...
Yousef Reda
Trying to get two apartment complexes at once?
Looking at getting two apartment complexes. One in Ontario and one in Manitoba. The Ontario one is a delabitated property and the Winnipeg one is pretty much turn key that needs a bit of lipstick. Ontario property:6 u...
Robert Bodmer
Starting Out While In Grad School (Advice)
Hello BP!Recently, I got accepted into the University of Maryland MBA program. I am incredibly excited and will be moving back into the area after I get out of the military (April) and want to begin my travel towards ...
Ping G.
Can rental loss be used to deduct agent commission in LLC?
Hello,Really appreciate advice on the two question below:1. I currently own a LLC with my husband, which has an rental property. I just became a real estate agent. Can I Can I perform real estate agent activities unde...
Daniel Flores
Accidental landlord Tax question
New job is going to take me away, having me moving from my primary residence and hoping to rent the house out. I am wondering how this is going to affect my tax liability on what was my primary residence. Don't want a...
Nicholas Bronte
Home security and/or monitoring
Hi BP,I'm under contract and about to close on a Duplex but, because the seller has been slow to provide the required documents, the closing has stalled and the contractors I had lined up to begin the rehab have had t...