Micah Cobb
Selling half equity in current family home & turning it to rental
I hope this question is not too basic.Deal Premise: My wife and I want to move from our 3bdrm house to a 4bdrm house but keep our house as a rental. To get the capital for a downpayment for the other home without sell...
Huck Lin
ADU project feedback please! (Southern California)
Hello, I'm new here (apologies if this is the wrong forum). What do you guys think of this project?I'm having a hard time finding any cash flow investments in Southern California where I live. The prices of the houses...
Scott Anderson
Phx income target SFHs
What kind of monthly income is a good target for the phoenix area (SFH)? I'm looking at MLS homes in the $150-200k range self managed/maintained hoping for 90% occupancy.Is there something I'm missing? or is this mar...
Michael Demby
Sell your primary residence to your LLC - benefit or mistake?
I was wondering if selling your primary house to your LLC and renting it back would be a good or bad idea? Thinking about depreciation, maintenance cost, taxes ETC. I know it may depend on state specific guidelines ...
Justin Feliz
New member from New York City
Hello all, I've been listening to the BP podcasts, which ultimately led me to sign up and get as much info as possible before I embark on my real estate investing journey. I look forward to everything BP has to offer ...
Gabe E.
How to proceed with Asbestos repair?
Hi BP Community,I have a contractor working on phase1 of 3 on a rental property remodeling. The home exterior is about 75% asbestos (excludes the front of house). One side of the house had fire damage to about 1/3 of ...
Rebecca Gibbons
Home Equity Line of Credit
Hi all!We are ready to jump into flipping homes soon. We are looking at some possible deals now. We plan on doing a HELOC for the flip. Should we go ahead and open up that line of credit now or wait until we have a sp...
Doug Spartz
Occupancy Inspection - heating
I just received the results from the occupancy inspection of my triplex in Houston. The most significant issue noted is a requirement that "...heating facilities capable of maintaining a room temperature of 70 degree...
Helen Jo Z.
Concerned about elderly prospective tenant
A nice lady in her early 80's wants to rent a ranch-style apartment. She can afford it, and though there isn't any immediate family nearby she does have cousins and nieces and nephews that live close. She's sold her...
Sean Mills
Investing In Cincinnati (Oakley, Mt Lookout, Hyde Park)
I am currently learning about the Cincinnati multi-family market, with the goal of buying my first property this winter. I am primarily focusing on the Oakley, Hyde Park, Mt Lookout areas with the goal of purchasing m...