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Neighbor to my parents is parting with his vacation home. Plan on buying it and using it mostly as airbnb. Will make offer slightly below asking before it hits MLS. He could most likely get more $ from a bidding war...
Hi! Future potential investor here! What was your first property? I’m looking to start investing in rentals, single family, and I’m wondering if it would be more beneficial to buy a fixer-upper as my first property, o...
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Hello, my wife and I just sold our sfm home that we rented out after we moved to the burbs. We boggled the “cash flow” aspect of the rental but made money in appreciation. Anyway, we are a little smarter now and under...
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Hello BP. I am looking to get into multi-family rentals and may have stumbled across an opportunity (or liability). My original plan was to purchase single family properties for a few years and use the rental income t...
I understand the formula to use which is (ARP*.70)-repairs=buy price. I just want to know the best way to get an accurate ARP
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Newbie investor here looking for any flaws in a plan that came to mind. My spouse and I have recently separated and she is looking for a better place to live but cannot afford down payment for loan. I was thinking o...
I probably should hire a CPA for these questions. But before I spend days to search one, maybe I can get a quick answer here.
Here's my case:
I cash-out refinanced my investment property A and got $100k.I also have ...
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Background: We're under contract right now to own a condo unit in Kona Hawaii looking to close at the end of July. The current owners have a license to do short term vacation rentals there that they're going to transf...
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I understand all the requirements/rules of Adverse Possession in Alabama, but I'm not entirely clear on the required length of time. I have inferred that there are two clocks. Ten years if the party with adverse pos...
I'm wanting to form a Wyoming LLC as a starting point for my RE investment company. From there I plan on getting a Texas LLC and use the Wyoming as the owner of the TX one and others that follow. I've heard this is th...