We own a LTR that is valued at about $215K, and we owe around $65K on it at around 4.5% interest rate. The taxes, however, have went up so much that we have to raise our rents to a crazy amount (~$1300) to break even....
Can anyone tell me how purchasing a property in an LLC will benefit me in a A-B-C transaction or is it set up for A-B only type of transaction?
The way it was explained to me was, that while nego. with the seller lend...
Hi,I realize that I cannot exchange investment property for a Personal Residence.I was told that I can do a 1031 exchange for a rental or business property.For instance: What if I purchase a "Bed and Breakfast" or cam...
Rent control can have significant implications for real estate investors, both positive and negative, depending on the specifics of the rent control laws and the investor's strategy. Here’s a detailed breakdown of how...
Has anyone read this article that is currently hosting multiple units on Airbnb in either San Francisco or New York City? Even LA or the greater Los Angeles area as it might happen there next.http://sf.curbed.com/2016...
I'm trying to figure out how the seller is coming up with their figures.What would you pay for:Multifamily in a small town, low appreciation potential, 3 commercial storefront units and 10 apartments. 8 single bedroo...
So my wife and I run a brokerage here in Indianapolis. We do a lot of investor deals but we also do a fair amount of retail stuff.. flips and other wise. Obviously we have to operate under a code of ethics as any o...
Hi BP,I've been given an opportunity to buy multiple rounds of single family performing notes in Texas (1st & 2nd positions). Most are around the $100k-$125k range (9-10% yield). Unfortunately I am out of cash to ...
Hey guys,
I'm reviewing apartment complexes left and right looking to pick up my first one in the next 60-90 days and was curious to know what rules of thumb other folks on BP use to filter properties effectively?
...
Hello everyone :-)
I’m on my journey to open my first AFH in Vancouver WA. One of the main things that concerns me is finding a house to convert to an AFH. I have a couple of questions regarding this topic.
Is it b...