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So I've been eyeballing this house in our area and Saw it on Zillow then Hudson Marshall Auction. bid on it in the last 15 minutes and was the winning bidder. The home was sold 8 years ago for $124K. nice ranch, goo...
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Hello!,As a military family, we have purchased properties at almost every assignment, then converted them to rentals we were reassigned. Now we want to form an LLC (or multiple LLCs) and are not certain where we shou...
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Hello,Depreciation is touted as one of the big benefits of buying investment real estate (rentals) . I am not able to understand the benefit of taking depreciation on a rental property. On one hand IRS rules force you...
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Hi everyone. Here are what I believe to be the most important qualities of an exceptional realtor for your first house hack. 1. Running NumbersAt a bare minimum, it's important find a realtor that generally understand...
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Fortunately, I actually like my parents. I'd actually enjoy having them live downstairs in the finished basement apartment —if I only had one. My parents live 7 minutes from me in a rental house. They're at an age whe...
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What are best SD IRA's for real estate investing? And why only $7k per year max limit for over 50 year olds? Seems a tiny amount
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Hi BP Community,I am new to REI and currently have 1 STR.A friend of mine started flipping houses a couple years ago with 2 friends of his through a company they started (which, after speaking with him got me interest...
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First posting!
I am about to convert my primary residence into a rental property (I had lived there for three years, so no issues there). I have been reading articles all day, and I am having trouble figuring out the...
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Hey BP family, I was wondering if anyone had any advice on allowing pets (specifically large dogs) into their rentals. We have a policy that we only allow dogs up to 50 pounds, but one of our tenants is moving out and...
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Hello all,I have been self managing my investment properties for many years successfully for years. I respect the tenants their privacy and I have never "show up". The one time I needed to get into the property qui...