So me and two of my friends are going into REI together. We plan on purchasing multi-fam units and renting them out to people. By the end of this year, we plan on having two properties; one we live in with an FHA lo...
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Hello everyone! Hope y’all are having a great holiday season despite 2020 being terrible. I’m posting to inquire about some tax advice. First off...should I enlist the help of a real estate specific accountant? Or, is...
I'm VERY new to BP (2 days!) and I'm looking forward to learning a lot, and also getting to know some of my fellow real estate cohorts!Quick background: I live in CA. My husband and I own 7, out-of-state, SFH (6 in US...
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Hey everyone! My wife and I have been renting a home in Los Angeles from a family member who recently passed away. We now have been given the opportunity to purchase the old home off-market, if we'd like. The house wa...
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I know many people on here have other jobs. I'm not really looking to discuss that. I am looking for some feedback from those who own other business interest that they are somewhat removed from the day to day.One of m...
hi my name is Todd. I am new to the site. This is my first post. I have been listening to the podcasts and reading the books for 3 months or so and studying my local market. I am committed to buying a small multifamil...
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I have a building that has 2 lots. I'm considering selling it, and the land is worth about $50,000-60k (located in forest park).Currently, there are 5 spots lined next to eachother on the short end of the property whi...
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I've been house hunting in Houston for a while now, and I finally found what I think might be my house-hacking dream home. The home was built in 2007, never flooded, currently priced well under market value, and after...
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I'm preparing to buy my first rental property, single family. Ultimately I hope to have several and plan to own them in an LLC. My debt-to-income is such that I could definitely qualify for a traditional 30-year mortg...
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I know this will be hard to give a precise answer on, I'm just looking for rough estimates based on your experience.So by the end of the year I will have 12 rentals, single family homes, located on two properties, one...