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Today I went to check out a potential property. Cash flow was going to be around $1100 -$1200. Property was an 8 unit. In the 40 min. that I was there with my agent we witnessed a drug deal going down in the property....
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Hi there BPers!I've been tinkering with the idea of purchasing a duplex and using both sides as a vacation rental. I do have some logistical concerns and would love to hear from anyone else who has purchased a vacatio...
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Good Afternoon BP,
I was wondering if anyone here has formed an LLC before buying property? I’ve met a few individuals in my city that chose to form an LLC because they planned on purchasing a lot of properties. Plea...
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Need some advice about whether I should proceed with a deal that would by my first Sub to. Property: 3br 1 ba 1050sf in Portland OR valued at ~$260k.Loan: principal balance ~$199k @4% with PITI= $983 per month.Amount ...
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Hey guys I live here in San Antonio and am actively looking to get my first property. I originally wanted to house hack but I've spoken to others and heard people on the BP podcast speak of living in a SFR and Airbnbi...
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I read a lot here about people having passive losses or paper losses once depreciation is factored in. But depreciation for a residential property is only 3.636% each year (27.5 years). I know this is a good problem t...
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We have a rental house in Pittsburgh that we've been thinking about selling, and we just got an email from our tenants that they would like to open the discussion about buying the place. If we did come to some sort of...
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I'd like to preface with an apology. This is half rant, half asking for advice. People always say to surround yourself with people who share your goals and visions, and those that are living the life you want. There a...
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Thoughts on Flex Space Development as a niche strategy in the Texas Markets. Don't hear much about it.
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Hello,
My name is Gigi Merritt, I live in the South Bay about 50 miles south of San Francisco, California. I’m a new real estate investor interested in single family flips (to start) and I’m searching for not just a...