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I've got my first house a few months ago, and currently househacking it. It's going great, it's got 7 rooms. I'm living in a room and renting out the rest. Mortgage: $3650. Rent income: $5100. I'm seeing other houses ...
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Alright...what would you recommendI have 200k post tax of company stock220k In 2 fully owned rentals I could BRRR400k in IRA (not yet in a self directed fund)60k cash100k coming from a SF home sale in the next 6 month...
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I am currently in contract on this office building. It was arranged on a 5 year interest only, seller financed, with a balloon payment at the end of the 5 years. This is my first office building, and I see tremendous ...
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Chicago - NorthcenterThe project is a two flat deconverted to single family, the rehab cost can be up to $400K. Per the casting producer, we are on the next phase of screening- whatever that means. Have you gone throu...
Hi all,Need some help. I am looking to invest in my first rental property locally in and around Austin areas and wanted to see if there are any local kind hearted veteran investors who is willing to share their knowle...
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NEW form 1099-NEC replaced 1099-MISC for contract labor THE DEADLINE IS FEBRUARY 1st! When, where and how?
The short answer is: obtain form 1099-NEC, fill it out, and mail “copy A” of that form to the IRS and to ...
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Hi BP members, Glad to be here to learn from everyone. My background: own a single family home just for living in california, never have any experience as a landlord and dealing with renters.Deal: I found a multifamil...
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Greatings all. So my wife and I have started a small real estate investment company here in Minneapolis. Our intentions are to buy and old REOs, rehab, and then refinance. I was shocked to find out, while reading thro...
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What are the implications of getting my RE if I am wholesaling?
Pros / Cons?!
Disclosures?
Anything else?
Is there a limit to how many transactions one can do?
Thx guys!
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Hi BPI have a lead that I need help structuring and I'm hoping for some really good feedback! The property is a 3/2 in a Metro Atlanta suburb, C+ neighborhood. Asking price: $50KARV: $66KRepairs: $20KPotential Rental ...