Hey BP, I'm going to be brief here. I'm planning on purchasing a primary residence in Cleveland, OH between $85,000-$100,000. I would then get a hard money loan, $10,000-$20,000, to rehab/update the home. Can I the...
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I was trying to wrap my head around what my tax basis would be for a property. Because i refinanced it from my LLC (multimember to my name), and sold it in few months, what would be the property original cost basis? ...
My wife and I are looking to sell our home in Seattle to move to SD to start investing. We’ll have a bit of cash to start (nothing crazy).Just curious of what has been good first steps in buying, getting financing wit...
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Hey Guys,
I've found a few properties which meet my cash flow requirements (over $100 unit) with 8% vacancy/repairs/capex and 10% property management costs with over 12% cash on cash return. Starting out, I'm still s...
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Bought a 15 unit MHP fixer upper,was wondering since I will be buying a lot of supplies in the near future. would a business license help me or hurt me starting out?
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Hey BP!New Investor starting in Massachusetts, and having very ambitious thoughts that I’ll be able to have my first investment in the next 6-8 months. My first property I’m hoping to house hack, and have 1-2 units in...
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is Double Net in structure and Landlord is only responsible for roof and structural repairs while the tenant reimburses the landlord for the taxes, insurance and common area maintenance charges. The lease was recently...
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Hey there,I am looking at a Tax Deed sale and there is a lien (one of many) on it from a debt collection agency. I've begun to work with the county and municipalities to work on reducing the amount ill need to pay, bu...
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Hello BP!I'm currently living in Virginia where I am house hacking a duplex that I bought in March of 2017 with an FHA loan. What I'm trying to do is move myself and my family down to NC where I can continue to expand...
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I own two rental properties under and LLC which I purchased in the last year. The LLC consists of two equal partners, and both of these properties were purchased in opportunity zones. I am looking to take advantage ...