Hi Everyone!
I’m 23 and 10 months ago in June 2022 I bought my primary residence (a single family home with 4 beds) with a conventional mortgage and 5% down. I house hacked and leased out the other 3 rooms. My PITI +...
I have a house worth approx 2.3 million with a $450k mortgage. It’s a nice townhouse with 3 units. I rent out all 3 after house hacking years ago. I now rent my own living space nearby. (Didn’t buy my own primary ...
When my LLC issues a K-1 to its investor, who's tax ID number is entered for the recipient? The investors SSN? The investment funds came from a self-directed IRA so the partner is not a person, but an IRA account. Yet...
We own a home on a lake in our area that is 40+ years old. We did nice rehab on main level, but no way to raise the low ceilings. This is my dream location but my husband and 2 teen daughters are not happy. There is a...
Hi California investors,
Asking for a friend who is looking into multi-family investing in the Greater LA area and wanted to get a few quick data points from the community!
- For a multifamily property in the ~$1m ...
I have been looking for multi-family opportunities to get started in REI. I've come across this deal that seems too good to be true. Help me understand where I've gone wrong on the 24 unit deal. I have put in some ...
I am considering my first purchase for buy and hold and found a potential deal, but there's a caveat. I plan on living in one side of the duplex for the first 1-2 years. By doing so, I will "reduce" living expenses...
Wanted to discuss the investment strategy of a long time successful RE investor. He's a BP member and I've enjoyed reading about him. He lays out a very simple investment strategy that, on paper and over the long term...
Hey, everyone! I'm looking to pick up my first apartment deal here in town. It's a small triplex, one two bedroom apartment that rents for $500, and two one bedroom apartments that need $2,000-$3,000 worth of rehab ea...
Hi BP community, I wanted to get some help with 5 questions I had regarding listing my apartment. First question:I am listing my rental apartment for the first time. I bought the landlord forms for my state on BP and ...