It's hard to find a good deal down here in Florida. The market is robust. Even REO properties are selling for around market value. Should I just adopt the strategy of waiting it out for a market correction?
Please feel free to direct me to the correct sub-forum if this is not the correct one.I have been steadily investing buy and holds in southern New England (MA, RI, CT) with some decent success. However, when I look at...
Hi All, Just for starters I'm fairly certain folks are going to come up the wood works here to defend his reputation and let others know how good of a Guru Mr. Gibbons is, which I'm not addressing, nor am I kno...
I’m looking for my first rental property and I was wondering if anyone has ever given a tenant a monetary incentive if they keep the place looking nice and not having any repair costs? I’d like to figure out a good wa...
Hello all. I'm a relative newbie and this is a question which I can't get a straight answer or even guidance from my real estate agent, friends, etc. I've also asked this same question in the multifamily forum but wan...
Hello BP community, After almost getting hit with a category 5 hurricane in South Florida, I wonder if it is a good idea to have more coverage or less. As investors, we try to keep our costs low, therefore, the goal w...
Greetings BP Community!I'm preparing to make my first real estate investment soon and partnering with one of my best friends. He's a very successful RE broker and owns over 90 rental units so he's also a pretty seaso...
Heigh ho, heigh ho, it’s off to court we go So your tenant didn’t pay and you sent them a letter of demand stating they had three days to either pay or move. They did neither and you filed for a dispossessory. The she...
Hi all,I’m a US Citizen but we are stationed in the UK. From a UK tax perspective it’s better (by far) to buy new rentals via a Limited Liability Company. But I’m concerned from a US tax perspective that owning a fore...
Hi All - A general question on having LLC. I am planning to add my properties into LLC not as for Accounting reasons but more like having added security b/w myself and tenant(s). Is this a good valid reason? Should...