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I am planning to buy a single-family house in Austin, Texas or surrounding cities and rent it out. I learnt that property taxes for owner-occupied homes are different from that of rented Properties. What would be the ...
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Do I spend it all on realestate and risk paying 50k in taxes or should I take and annuity and thus end up with a mortgage. Any thoughts out there??
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I'm currently reorganizing and restructuring my rentals from being a sole-proprietor landlord to having an S-corp for managing properties.I just set up S-corp for managin the properties January 2017. It's $800 per ye...
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just checking others with experience here in CT. i am trying to put together my team to get me going toward my first purchase and stumbled with the first member... the agent. in speaking to them (known the person a lo...
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New to this community, looking forward to connect with ppl in MN or TX!Question: bought my house in the cities for 280k, Zestimate shows 350k after four years, 15yr mortgage has 200k balance with 3% APR and high but m...
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Hey BP fam!I am putting together my business plan and trying to determine how I am going to hold my properties.Is it better to have them tied to a Trust, LLC, or Inc. ? I was going through the forum this morning as I ...
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I am tired of looking for the "right" house and have decided to take a plunge into building one for myself. Where should I even start?
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Hello, I just joined BP and have been reading & watching tons of great stuff! fantastic source of information and tools, needless to say! i'm in my research phase right now, learning as much as i can before i move...
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This month I closed a subject to deal. I know that a lot of people are hesitant to take over existing loans so I wanted to share this success story. I will keep it short. I purchased the home subject to for 0 money...
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Hey everyone!
What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...