I'm very interested in renting out my current primary residence and moving to a different city but the mortgage I have on the property is higher than most of the monthly rents for similar properties in this market. An...
Hello all, I am a newbie here and would like to know what steps I should take when investing out of state. Thank you.
When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
I plan on buying several properties for rent and fix and flip soon. The main thing I am running into is how to structure the company for rentals. I have heard I should put each property in its own LLC and then I have ...
I'm trying to find out how to tell if a realtor is good. There are so many of them out there. How do I find a good one? Are there questions to ask in an interview or something?
I know most people on the forums are well established financially and have real estate acumen, so please bear with me and be gentle ;)I have lived in an owner-occupied duplex (top/bottom) for 12 years now occupying th...
My husband threw this idea at me: What if we charge the tenants a little more for rent each month and gave them the 12th month for free? Here's how it would work:If rent is normally $900 per month, we charge them $982...
So here's the deal: I want to put YOUR photo on the front page of BP. Maybe not forever, but it would be cool to feature some BP members in front of their Rentals or Flips. I'm driving around the country right now. Ac...
Hi nationwide,
I read about this cash flow deal on your web site.
The new construction property is I believe 340K
Here is your run down:
Brand New 4-plex units under construction! Cash flow of approx. $649 per mon...
Dear BP Community,I am reviewing an application for a potential tenant. this is a couple, not legally married, without kids.They are both in their early twenties (22), first time moving in together. They are willing t...