Hello all, I was wondering if it’s advisable to invest with your spouse? I’m really into purchasing real estate as an investment property and renting it out rather than buying real estate to live in it. My spouse is i...
I reside in NC, but my rental property is in NJ and in a NJ LLC. I am going to sell my rental and I am wondering if I will have to pay the Bulk Sales Notice or the Exit tax. Can someone please explain the bulk sales n...
Hi all! I'm finally ready to make the leap and purchase my first buy-and-hold rental property. I've recently found one that I like a lot, however they want cash for it. While I have about half the cash on hand, I'd li...
I don't care if you love or hate the current tenant at 1600 Pennsylvania Ave. This post isn't intended to be political.I am curious to get the opinions of other BPers on what the investing road ahead/climate looks li...
Aloha BP! So I finally closed on my first rental property on Friday, December 22 after nearly 15 months of educating myself with content from books, YouTube videos and podcasts. The property is a small multi-family...
In July 2011, I sold a SFR in a small town in NC. The selling price was $87,900 and the buyers had a downpayment of $19k+. I financed the balance. The payments were to be made every 2 weeks (at their request, since t...
About two weeks ago we bought a house. Knowing it was full of trash and has been empty a while. We got a good deal on the house, but knew it would take alot of work. It is in a rental neighborhood. This is a 900 sq ft...
I know that the numerator of cap rate is the net operating income. However, I seem to see confusion on what is included on the denominator. Is it the entire purchase price of the property including any amount financ...
I posted this in the General Real Estate section, and then realized it would probably get more notice in the Henderson forum:This is my first time selling a piece of real estate, a property in a gated community in La...
For everyone reading this is also a blog post in my member blog but I wanted to share to get feedback and motivate others.Trials and tribulations of purchasing my first rental property with no money (A Motivational st...