Samantha Kay
Maximizing Tax Benefits of an LLC
Newbie here!
We have a secondary home we plan to start to use as a STR next summer. The home is currently in our name and we have a conventional mortgage on it.
-For those with a house in your name, do you have ...
Adam Ulery
Low Income vs Moderate Income Tenants
Hi BP Team! I was chatting with a Tax Attorney this week and explaining my plans for beginning in real estate investment. He asked me if I plan to buy low end rentals with lower income tenants or mid or high end renta...
Jason Gott
What would you do...?
So let me start off by saying I am still new to real estate investing so go easy on me, but not too easy (I'm still a man dammit!).Let's say I found an 8-plex that has been without love for a few years Estimated 20k r...
Vincent C.
HUD / Section 8 lease - termination for new ownership?
I am working with a wholesaler on a property that is under market value in Allegheny county, Pennsylvania. The house is currently rented out to a section 8 tenant, with an HUD contract. The lease expired in February o...
Allende Hernandez
Is it a big NO-NO to buy my 1st rental property in another state?
Hi there folks,I just happened to bump into a FB post from an agent marketing a 4plex in Indianapolis that at first seems to be a good deal. I am from Miami, FL and have never been in Indianapolis or any of its surrou...
Bryan Balk
Child Support Lien
We bought a house with a Child Support Lien on it from the state of Illinois. On our other homes with certain liens on them we have always been able to negotiate the lien down or have the title company insure over a ...
Mike Bean
Negative Cash Flow on House Hack
Hi BP! Looking for advice on my first deal. I'm going to be using an FHA loan for my first deal which will obviously require PMI on top of my reserves for vacancy, repairs, and CapEx. I'm wondering how many or if any ...
Andy Ballester
Need advice on 4plex first posable deal
I am looking to make first possible deal, I have been watching this 4plex for the past 6 mths, patiently waiting, Originally listed at 179000 three mths ago dropped to 169000, and just recently posted at 160000, p...
Roman Ripp
Automate finding of good deals.
Hello, I have only theoretical experience in real estate, but a lot in software development. I want to automate a process of finding good deals. As a first step, I want to make sure I got my math right. Basically what...
Sovannary O.
2% Rule
Hi all, I am interested in investing in a buy and hold property within 30 miles of los angeles, ca where I can get the 2% rule. Can anyone make recommendations on a city?