My wife and I built our home in Utah in 2014. Bought the land for $94k built our home for $200k subbing it out ourselves and it recently appraised for $475k. We have some time now to get more involved in real estate. ...
In 2010 as a junior in college I ran into an old friend who inspired me to buy a multifamily property. He had recently done a deal for a duplex with his parents and was living in one side for a couple hundred bucks...
I would like to draw on the collective wisdom of BP to help me answer a question.
First some background; while I have been involved in real estate for well over 15 years, but it has always been on the office / retail...
So I have an offer out on a flip in San Marcos CA. Its a manufactured home brought to me by a wholesaler. Now before everyone jumps on me and says there no skin in the game let me start off with the reason im so gun-h...
Hi BP CommunityI am moving and would like to keep my current house and convert it to a rental; however, I need to pull some equity out of the house for the down payment on my new house. The home is worth $1.3mm today,...
i forgot where on BP i read this mentioned, but is it some sort of rule?if i remember correctly, the author said something to the effect that bare minimum for return on a good rental property anywhere would be at very...
1. Reduce Taxable Income. Many real estate investors have W2 employment or 1099 employment. Either way, there is tax liability for these investors. How much individuals pay in taxes does not depend solely on what your...
I plan on using a VA loan to buy my first (of hopefully many) house soon, I want to turn this property into an investment property after about a year residing inside it, should i be more focused on just getting the be...
I have a Condo located in Los Angeles, CA and the upstairs neighbors are very loud. Every step you can hear downstairs. Hoa hired a company to come do a sound test of the floors and they failed. Test said they need t...
I am looking at a property that is a bit odd. It has a triplex and a sfh on the same lot. It's On the market for $330,000. The rents total up to roughly $2500 per month according to the seller. I have a loan pre-appro...