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Just bought my first property - question about raising rents
Bought a brand new 3br, 2.75ba house for $197,500. I'm going to rent it at $1300/mo to start [already have tenants moving in the day after I close on 06/08.] Does everyone typically 'build in' rate increases into the ...
BAC Properties
Researching and Locating properties
Hello all,
I am currently in the planning and research stage of my ultimate goal of investing in real estate. I have been reading and making an outline of how everything should go. Nevertheless how does one begin r...
Mathew Collins
Can you put the house you live in into an LLC to protect it.
So what I want to do is protect my house with an LLC while living in it. I own the house outright. Is this a good idea? Can it be done? I will also be buying another property soon as well and would like ito to be...
DJ Carroll
Highest CAP rate you have ever purchased.
Curious as to the highest CAP rate on a deal you have bought .... one just fell in my lap that is like ~25% .... It's insane but it's an older guy that just wants to retire said that's what they are worth to him. LOL
James Morehead
New Member Saying Hi from New Mexico!
Hey everyone,Thanks for letting become part of your forum family. I am 34 years old and happily married with three young boys, 6, 8, and 11. We reside about 20 minutes south of Albuquerque in the Village of Los Lunas....
Marc Ver Wayne
Newbie soon to be in DFW (Dallas), TX
My name is Marc Ver Wayne and I am currently living in Riverside, CA. I am looking in the next 18 to 24 months to move my family to the DFW area for my job and I am looking to purchase our family home (with possible ...
Cindy Meyer
New Member from Bastrop (outside Austin) TX
After a year of stalking you all and lurking on this site, I have finally decided to try and get over my shy side and join up. THANK YOU ALL for the wonderful information and different perspectives given for all the ...
Ron Trinh
From CPA to full-time real estate investor?
Hi BP community,Really wanted to get some feedback from anyone that has made the jump from full-time job to full-time real estate investor (before having the passive income) or anyone that just may have something to s...
Tracy Liggett
New from the heartland, Wichita Ks
Good evening,Why I'm here.1. Get out of debt.2. My daughter's college.3. Do something no one else in my family has done, RETIRE!I'm sick of the corporate world. I'm tired of being someone else's employee. I'm tired of...
Seyi A.
Should I pay for a legal consultation?
Hello BP forums,I've been looking for some advice on the optimal legal entity structure for the real estate business I intend to build over the next 5 years, and I've come across a few firms that charge for a consulta...