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Good morning BP!!!, I am curious to know where did you start? What was your first deal? I haven't acquired my first property yet.I am 26 self employed(flipping cars.) My credit isn't that good due to student loans. I ...
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This is my latest rehab that is in the refinance stage of BRRRR. I will begin by stating that the rehab went over budget as I decided to test out more durable materials such as using Life Proof Flooring throughout the...
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Hello BPers,This past 2018 I purchased two rental properties under my name. The earnings are under an LLC after filing a quitclaim deed. I'm curious if there are any tax benefits of not renting your properties under a...
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I’m looking for recommendations for property management companies in Killeen. We are looking to purchase a 4-Plex. We have accepted offer, in due diligence phase. The current PM on the property has not done a good job...
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I’m looking into possibly purchasing a mobile home park about 4 hours away from my home town.. it’s in a great growing market. The owner is 84 years old and sounds very willing to give it up as his kids want nothing t...
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Looking into IRA LLC and had a question about the cash flow from a property. Does that go back into the IRA? How about setting up a management company to manage the properties, and do the maintenance. Would this be pr...
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What would be your first investment?Would you buy and hold a solid 1-4 multi unit?Try a fix and flip?Or other?I'm trying to plan for my first investment. My long term goals are monthly income producing properties so o...
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Aside from the standard updates like new appliances, flooring, paint, etc, how do you determine what to upgrade in a rental? I'm assuming you'd base it off what type of people you want living there, what the potential...
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Brief back story: I purchased a city parking lot at tax sale for about 1,800. It's assessed for around 15,000 , but real estate activity is pretty poor in the city and I really don't see it selling any time soon... Al...
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There is a property near where I live that is currently vacant and in really rough shape. I researched the owner and discovered he had died and this property was part of his estate. I read the court documents and di...