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Hi everyone, I have a couple questions when it comes to the BRRRR strategy. Lets say I buy a SFR for $70,000 and pay the 20% down to Bank A. I get a Hard Money loan for the $30,000 needed for renovations. After I wait...
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My house in Union City (East Bay) has 3 beds/2 baths of 1340sqf + garage on a land of 6000. Recently I've been thinking about building an in-law unit of around 600-700sqf with private entrance and put it for rent. The...
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Hi there, converting a detached 330 sf garage to a studio apartment in Eureka, California. Extending 5.5 ft to add bathroom, running water and sewer lines from primary residence. Will keep it pretty simple. Anyone do ...
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Hello BP Community,I recently set up an S Corp for my RE business (Colorado RE Broker) at my CPA's direction. He's been out of office for the past few weeks and I want know if there's anything else I need to do before...
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Greetings all - I have two SF units that I have been managing for a few years, and as I look for my third acquisition, I'm considering whether a 4 to 12 unit MF property is actually a better next step than SF unit #3....
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Hi! I’m new to Bigger Pockets and happy to be here. I am gearing up to buy my first rental property within the next six months. My husband owns his own small business, and I am forming a LLC in my name to keep the ren...
I'm going to invest in real estate starting later this year or next year as prices become more reasonable. I've begun the process of educating myself and researching these last few months. My question is do I need a...
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Hi there-
My brother and I purchased an investment property in April 2013 for $185K, and put down 25%. After closing, we transferred the property title to the LLC's name. The current mortgage is under my brot...
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Just wanted to share an overview I wrote out on Delayed financing. Feel free to discuss and ask questions. I see it comes up a lot, so thought this would help:Delayed Financing - Investors can Cash out of your investm...
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Do we have any STR property management business owners here who would be willing to connect and allow me to pick your brain on the ins and outs of the business? My wife and I are Realtors and STR owners who self-man...