Andrew B.
Newbie from North Jersey - First Purchase
Hello everyone. Beginner from North Jersey checkin in. Im 24 and made my first home purchase last year, and have been obsessed with real estate investing ever since. Main interests are flips and buy and holds. Ive bee...
Johnny Situ
Forming an LLC for rental property portfolio
Hi BP folks,
I have a situation like this:
1. I have 3 rental properties in SC
2. I am considering hiring my retired parent to help with my business so that I could properly deduct those expenses
Shall I form an LLC...
Emilio Pereira
Buying home to put on Section 8 and for relative.
Good Afternoon BP members,I have a few quick questions and wondering If I could get the feedback of some of the more experienced in the purchasing for section 8 method. 1. I want to buy a house to put on section 8 i...
Brian Green
Tenant Applicant with Cosigner who is retired - accept or deny?
I have a unique situation with a tenant applicant for one of my rental units. On her own she fails to qualify for the apartment because of insufficient income but her mother is willing to co-sign on the lease agreemen...
Hariharan Elavarasan
Accounting and Banking
I'M UNDER CONTRACT!!!! I can't believe I'm actually here and things are finally moving. I started learning and saving 4 months ago and I'm excited to get to the next steps.I wanted to go ahead an setup a business chec...
Alissa Engel
Is renting to a corportate housing company a good idea?
I was just contacted by Fox Corporate Housing about a property I currently have for rent. They stated that they were hired by an insurance company to find temporary housing for a client whose house was damaged. The ...
Andrew Ralston
Western Washington Cap Rate
I am looking for a multifamily listing closer to a 10% cap rate. Am I being unreasonable in my hopes to find something in this range between Tacoma and Marysville?
Account Closed
Mortgage shopping best practices
Hi there,I got my first accepted offer on a multifamily that we're going to househack!I'm currently shopping around for mortgages and rates are all over the place so I would love to get some tips from the community*) ...
Kevin Smith
Alternative Fee Arrangement for Property Management
Hello, I was wondering if anyone here has experience with alternative fee arrangements for property managers, specifically for a small portfolio of single family home rentals. Traditionally, PM's will charge a managem...
Diane Tycangco
1031 Exchange Amount to Invest
Hello everyone, I am thinking about doing a 1031 exchange. How do I calculate how much I should invest in the new property? Do I get the sale proceeds, subtract loan balance payment, the closing costs of buying the ...