Alisa Boderick
New with no clue where to start
Hello BP family. I am so happy to have found what looks to be like a great place to learn the ins and outs of real estate investing. I found this on YouTube yesterday (after a lot of filtering) and was impressed. So I...
Robert Lindsley
Looking for loan broker
Hi there!I own a 24-unit property in Central Florida near Orlando. Most of the units are weekly rentals with the remainder being monthly.The building is financed with a private-lender at 11% and I'm looking to get re...
Mike Alber
Converting MY house into my first rental property?
Hi all! I'm a very new RE investor who has a full-time job I have no interest in quitting. However the idea of building a stream of passive income for retirement is really appealing.So I'm wondering for my first pro...
Graham Gordon
Transferring the deed of property to my LLC? Or Triple net lease?
Some friends and I are trying to start a business owning/operating short term rental property. We formed an LLC for tax and legal protection purposes. When we found our first property, I took out a conventional loan ...
Louis Porter Jr.
Reviewing a deal in a bad location
So I have located a 1/1 600 sq.ft (12 wide by 50 long) C class home is a C and maybe D class area, that I think I can purchase for all cash at $25K. I would like to put in another $15K – $25K in closing cost and repai...
Alexandra Kuvalanka
Buying a home with non-permitted bathroom
I'm in the process of purchasing my first home (will be my primary residence for 1 year or 2. Later to become a rental property.) The house was listed as a 2 bedroom 2 bathroom but was disclosed on the MLS listing tha...
Janet Valdivia
Sale of rental property / expenses between rental and sale
I have read IRS publications and scanned forums but can't find a direct answer to my very specific questions. I sold a rental property last year. The IRS says "Vacant while listed for sale. If you sell property you ...
Nyelle Johnson
Phila Triplex vs Duplex Appraisal
Hello BP I have a property that’s zoned as a triplex the previous owner roomed it as a open concept but technically u can’t room in Philadelphia. I want to BRRRR it once rehab is complete however the layout for a trip...
Joshua Zastrow
Assessing New Cities for Rental Properties
Hi all, I'm interested in learning what factors lead to certain metros to become hot rental markets (or what makes them so desirable right now). An example: Is there more demand for rental properties in Chicago than i...
Sue Chen
Do I need to present if I hire lawyer to evict tenant?
I might need to evict my tenant for non-payment, I have never done an eviction before, I've heard that it's not hard to DIY, but unfortunately i have made travel plan where i will be out of town for few weeks. Questio...