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Hey everyone out there in BP Land! I'm looking for some feedback on a decision that we've been flipping back and forth on for awhile now. Here's the run down.We bought a condo here in a mountain town 3.5 years ago. We...
Hello all,I just went under contract for a great property with two homes on the lot and I plan to owner-occupy for several years. The zoning is in order, separate meters, good neighborhood. But it turns out that the m...
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Hi Everyone,
Can anyone recommend a lawyer I can get in touch with in the Twin Cities Metro?
I want to discuss with the attorney about whether I need to transfer my property to an LLC after I close next Thursday, g...
I'm hoping that the good people of BP can help me come to my senses:Just made an offer for a 2 bed 1 bath condo in Canton, MI. Offered full asking price of 154K. When I looked at the comps I was shocked to see that th...
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This is the third time, I've posted this thread. The first two times, I never got a single reply. Come on BP, you're letting me down right now! Please give me 2 minutes of your time to answer a debatable question for...
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My wife and I recently purchased a hud home for 80k in San Antonio. We intend on living in the property and paying it off in a year and half. We want to live there for at least a year before trying to find another pro...
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I was looking into details/scenarios on funding an investment property through a self directed IRA. Could anybody share some situations when that is an ideal strategy? Pros/cons?
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Hey BP!
I wanted to put my thoughts to paper and hear what y'all think.
So here is my situation. I currently live in an apartment in Lakewood, Ohio (renting) and I am looking to purchase my first property within th...
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I finally have my first investment property under contract, a duplex with two long-term tenants already in place in Davenport, Iowa. I plan on managing the property myself. What method(s) are best for collecting rent ...
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Here's a take on why people think it's easy to find profitable flips.People assume that whatever information is readily available is common. This bias skews our perception of reality. If you watched a show about flipp...