The house next door is owned by elderly couple (in a living trust) who live a couple hours away and bought the very nice house several years ago for their brain-fried and/or druggie divorced adult son to have a place ...
My business is currently based in Cleveland OH. I’ve been renting units in a B neighborhood with very solid rents for the area $500-$600 cash flow a door. With that being said, there are a ton of homes popping up just...
I am located in Long Island New York where everything is expensive and I am debating the pro's and cons of house hacking a 2 family house or just continuing to rent and purchase out of state rentals. Any input is grea...
Good afternoon, My name is Petronella Kerssens and I hope you are able to help me with the following challenge I`m facing. We lived in Florida for 10 years and are US citizens. We moved back to Europe 4 years ago and ...
I have a 36-unit property under contract in Columbus, OH. It's built in 1963 and has the old Federal Pacific electric panels. The inspector said they present some fire hazard and some insurance carriers will not ins...
Hello all,
I am interested in the topic of asset protection via an LLC. I am also interested in all of the tax benefits/advantages associated with claiming business expenses, so…. forming an LLC for a rental ...
I own a property with two duplexes and a house that are all on the same water meter. I spoke to the utility company and they said to split it up and put an individual meter on each unit would cost at most $8000. I a...
Dear BP community: It is official! Through tax lien investing a 2 family house landed on my lap. Like the old adage says, "When life gives you lemons...Make lemonade" and that is what I'm trying to do here.Here is a ...
Hi,
First time poster here. My husband I recently purchased our first duplex using the BRRRR method. We purchased through our LLC and paid cash. We've been talking with different banks. Do all cash out refi's in...
Good morning BP and thank you for stopping by. My name is Javier and I've lost my way deciding how to approach my short term/long term goals. I've been investing (Flipping,tax deeds,wholesale,buy and hold) for about 8...