Ryan Bissell
How to analyze current home as possible rental property?
Hi, I am a new BP ... person. I've just recently gotten the idea to invest in Real Estate. I intend for my focus to be Buy & Hold, with the eventual aim of maximizing cash flow as a source of passive income. I'...
Nico De Guzman
Newbie question: how to start out if area is too expensive?
Hi BP! I want to start out in RE investing but the area that I am in (Bay Area) is expensive. I find the risk to be higher for me as a newbie for getting into a loan to finance an expensive deal. I am thinking about i...
Ryan Todd
Input wanted on growth strategy
I will try to summarize my thoughts so that BP community can weigh inI currently own 2 rentals, one in my local community and one in Austin, TXThe Austin property has anywhere from $75,000-150,000 in equity depending ...
Ashley Burks
Can you own a rental without actually being a lanlord?
I know, sounds silly! I want to purchase a rental property (4 units) without actually tending to the day-to-day responsibilities. I don't know much about property maintenance (cutting grass, gutters, appliance issues ...
Yatin Dalvi
Is this fair ask from the broker?
The broker I a working with to buy a property also has a PM company. They are asking for 1 month rent to market and find the tenant plus 9-10% fees to manage it. It seems too much but I am new to this and would like t...
Paul Doherty
In a 1031 if I take out part of the proceeds what happens tax-wise?
If I sell a property I own completely (worth 175k after realtor's fees) and want to keep 50k of the proceeds and 1031 the rest into 2 or 3 new properties how do the tax consequences play out? Do I pay 15% on, say, 58...
Bob B.
How do you make big changes in your life happen?
Back in 2014 I was burned out at my engineering job and wanted a change. Like many people, however, I wanted it NOW! LOL. We're all in a hurry. I've since learned that big changes take time.. but I've also learned the...
Adam Hoffer
Book Recommendations for a College Course
I hope to tap into the hive mind of the BP community to get recommendations for specific real estate books. I am an economics professor and I am developing an upper-level college course on Real Estate Economics. The e...
Nick Bennett
Investor deal structures
Hello!
We presently have been self funding our properties either through the equity we build or saved cash.
We are continuing to scale up with each transaction (Started with 2 units building, then 3, then 4)
In our...
JaMario Price
*New Investor Looking for guidance*
I have a property that I am looking into for owner finance. The property’s ARV is $200k. He wants $150k. Repairs would be $15k.Rents are conservatively $1350/month. I want to buy the property and fix it up. I’m trying...