Investment Info:

Single-family residence buy & hold investment.

Purchase price: $115,000

Cash invested: $50,000

Bought this property in foreclosure and bought all cash. The property was renovated...

Good evening BPF,I am a new investor and I would like to know how do you figure the ARV on a property? Do I contact an appraiser? I have done the figures for the 2%, and 50% rule, I can't do the 70% because I don't kn...

I want to do an LLC on my properties. Cpa says its worth to add my wife on it to have its own tax preparing. Most i know do single person llc. What do you guys recommend ?

Anyone have experience offering washer/dryer in individual apartments? I know there are postings here in regards to common area laundry rooms and the lease vs buy alternatives but wondered if anyone had experience ...

Hi, I’m new to BP and also fairly new to Real Estate... so my Mom (I’m on the Deed)has a lot of equity in her home and has agreed to giving me a financial start to investing. My problem is she doesn’t make enough mone...

Morning BP!!!

Today I’m closing on my first duplex! Right now both units are vacant. The plan is to renovate unit one and get it rented. Once the first unit is rented, live in the second unit and renovate that one.

...

Hello,

We are new to real estate and plan to buy a couple of properties for long term investment and to reduce my w2 tax burden.

Should I self incorporate?
Do you recommend land trusts? (Seems pricey and complicate...

Hello BP!As I continue my REI journey my circle of "friends" has begun to shift. Many of you have heard the sayings "You are a reflection of the 5 people you hang around." and "Surround yourself with like-minded indiv...

Hello, I'm new to the community and trying to learn to ropes. I'm working on analyzing numbers and came across this multifamily building. I'd very much appreciate some feedback on what I've found. Can anyone please po...

I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...