I'm located in NYC and looking to invest in the Houston area. Does anyone have suggestions in regards to neighborhoods to avoid or invest in for cash flow?Any suggestions for management companies that you used previou...
How does one get past the idea of NOT having a traditional retirement account and into the mentality of leaning on rentals to consistently bring in cash flow? Grew up in a traditional household and trying to break fre...
How do you guys usually go about making sure your lender doesn't have a problem with you transferring a property into an LLC or other entity? From what I understand this usually is never really a problem but is there ...
Hello – I’m getting started with QuickBooks Pro. Many of my questions I find answered online, but there are some I can’t find answered anywhere. I'd like to open a discussion about some of the questions I have and h...
Hi BP fam -
Earlier this year, I jumped on this out of state investing bandwagon and got a an off market deal. It is a SFH which was going to be a long term hold for me and a couple of partners. Here are the details...
Do you know how much you could lose in a lawsuit from a tenant? Are you personally protected if a tenant has "a good case" against you?
Hi everyone, I came across a 6 unit MFH. Asking is 54k, my contractor said it would be 80-120k to completely update the property (it is vacant, mostly cosmetic but still run down). The property would gross 3-3500 a m...
Ok BP followers, here's my dilemma... I own 1 duplex in a prime neighborhood that is appraised around $450,000. I financed well at 3.75 no MI so my payment is $2075 with a balance of $310,000 remaining on the loan. I ...
We just closed on our first out-of-state property yesterday (in Cincinnati, OH) and are excited to start turning this badly managed property around!We made our offer of full list at $199,900 for a 5-unit with pro-form...
Hi guys,I would like to get your advice on a strategy I have been thinking about for the last few weeks from reading discussions, listening to podcasts and seeing how my local market is.Thank you in advance to all of ...