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We have all seen and read opinions on what people just starting in real estate investing should do in terms of creating a LLC to own and operate each property. Most of what I have read speaks to the opinions for youn...
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I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
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Hey BP,I'm considering buying a property to first owner-occupy, and later rent out in the Bay Area. I'm looking to accomplish a few things:1) Take full advantage of Prop 13, by buying a fixer at a low price and lockin...
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Not sure if this is the right place to post, but I figured this is where the people with the right knowledge would be:I'm a beginning investor near Denver, with 1 SFH rental, looking to learn and grow. I met a guy at...
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Hello BP!I tried searching on the forum for someone in a similar situation, but I didn't find much. My life story starts when I got a degree in Mechanical Engineering and an MBA in Finance so I would have a resume tha...
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My husband is convinced we have to be making $200k + a year before we can start investing. I KNOW that isn't the case. I have met a few that started with very little and built their empire over time. When you first st...
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Hi everybody,I'm brand new on the site and to real estate. I was hoping to tap into some of the knowledge that some of the other members on the site may have about the Philadelphia area. A little about myself; I've...
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Hi BP veterans,
I’m a newbie on BP. I live in CA where I think it’s just tooooooo expensive to invest right now. I would like to know what cities you think have low prices and high rent so I can get the best return. ...
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I’ve been doing my research and reading and running numbers but I’m having an issue. I’ll submit offers on places which I think are good deals but within a day I start getting panic attacks and it ends up with me back...
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Hi BP Community - I purchased my first rental property in Frankford Philadelphia back in March 2021. I was hoping for it to be the first of many in the Philadelphia area. I wanted to use this property as a way to lear...