I am looking at my first duplex. Asking price is 134K which is right in line for other duplex in the area. 2 units, 2BR/1BA each unit. Rents for $700 each unit which is slightly below market rent which is around $7...
Hello BP,Recently, I decided to move out of the house that was my primary residence for four years and make it a rental property. My plan is to obtain a triplex or quadplex and house hack that for a year. This seems l...
Hey BP!Happy Superbowl weekend. I'm closing on a property in Philly in the next week and want to get your advice on one of the pgs that I need sign as part of my closing docs.I'm paying all cash for the property and t...
I'm trying to put together my 'plan' to transition to real estate investing, but I'm a few years away and will be living the cubicle life. I work in communications / public relations (corporate), and I'm wondering wha...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $100,000
Sale price: $300,000
Home was completely renovated cosmetically and partial pl...
How many of you have read a good portion of the health care bill?
I must admit, I coudn't sit and crack out 1000 or so pages of legal jargon at one sitting but, I did find a site with some bullet points, then I loc...
how does everyone estimate the insurance they will have to pay on their rental houses when they are making an estimate of their monthly expenses? is there a website that will give me a quick ballpark number based on l...
I am looking to get home insurance for 4 single family homes. Are there any insurance brokers who could help me get the best plans and price? Does anyone have any suggestions on going about this process?
When to form LLC , before or after buying property? Can I borrow money from the bank for LLC or other form of corporation?When is the perfect time to form LLC, is it when you are beginner investor or advanced one?Whi...
My parents titled a triplex to me in 2013 via quitclaim deed. The triplex was initially purchased as a single family home and converted to a triplex. My insurance broker is warning me that if I go to a landlord policy...