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Hi all,
Relatively new poster, and unfortunately, a LONG time LURKER!! Yup, I know, this is a GREAT group with a WEALTH of information, but for whatever reason have never been active as I tend to internalize...
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I moved to Baltimore MD from Fairfax VA, but kept a rental property in Annandale. Is it better to create a Virginia LLC just for this rental property, or should I place it into my existing MD LLC? I've done some res...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in West Haven.
Purchase price: $90,000
Cash invested: $100,000
Bought a 2 family that overlooks the ocean in West Haven. Nee...
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When it comes to SFH house-hacking, how are folks coming up with estimates for single bedroom rentals? My typical tools for duplexes (Rentometer / MLS) don't work super well in this case since they assume you're renti...
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So I understand that I need to live in the property for at least 1 year but do I need to live in that property 24/7?
1. I was thinking of living with my family members in their properties for free.
2. I was also th...
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I’m getting ready to invest in my first rental property, have good amount for down payment and about to start pre-approval for a conventional loan. However, I’m still very, very undecided on which type of property to ...
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Hey BP my friend wants to help with a rehab flip that cost 15K he said he is willing to put in 10K but he wants a 30% return back on his 10K. The ARV for home is 120k The price I got for home is 80K Repairs 15KMy budd...
Hi everyone, I'm a begginer looking for the first step into this great wonder of investing in real estate, Im giving up on a job I worked everyday for almost three years now because my bank account can't seem to stabl...
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I'm wondering if there's a quick guide somewhere to see what things are part of the cost-basis vs repairs vs home improvements that need to be capitalized and depreciated.Does anyone have a template or a spreadsheet t...
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Hello BPers!My first post. BP has wealth of knowledge and you guys keep adding to it. Awesome job! Man, I am addicted to BP :)I am going with this triplex and am looking for financing. The loan amount is slightly more...