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Hello All,New to the posting on BP, not new to the forms. Quick summary, my wife and I have made a financial goal to eventually migrate away from the 9-5 grind and have financial freedom through our passive RE. We hav...
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Hi allI had several properties in a LLC and in order to buy more my mortgage broker (very savvy guy) had me re-structure/re-characterize my LLC into an S-corp (essentially a LLC taxes as S corp). That way that one en...
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Hi friends, looking for a creative solution here as I've never heard of this being done. Apologies in advance for my lack of clear articulation.I would like to come in as a partner on a property already owned by a col...
I always hear about how cosmetic upgrades and adding bedrooms/bathrooms raise the ARV, but I also hear that some items do not raise the ARV.For homes that were purchased with poor components such as a distressed pilla...
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Hi We were about to lock in a loan with visio lending for a short term rental(airbnb) investment property and the loan agent mentioned. The intent to go with them was to make sure we this deal doesn't affect our perso...
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I am interested in learning more about tax sale auctions. What are the advantages? What are the things to look out for?
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Hello to all. I'm an IT specialist with a large research university in Chapel Hill and my wife is an public school teacher in Greensboro. We're at the point in our lives where our jobs are stable enough and our kid...
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There was a small fire in one my units and the unit will be unlivable for at least a week. What do other landlords think about my obligation to pay for temporary housing (i.e. hotel room) for the tenant while the unit...
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We have a neighborhood home which has been sitting empty for 6 years and is now in terrible shape, ie- total gut, but thankfully a very small home and we would use it as a rental. The previous owner passed away sudde...
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Just to get a quick pulse of the market. When you all are buying/selling, what are EMD % you are seeing as of late?Or better said, what percentage of the purchase price are you putting down/asking for, for an earnest ...