So let me preface this with, I go waaaaaaay out of my way to provide the best life and apartments I can for my tenants. I would argue that any property owner, regardless how big or small they are, could compete with ...
My girlfriend and I live in a house (with a conventional mortgage) that we don't wish to move out of. I want to get into rentals, but don't yet have the capital to put %20 down on a sfr in my area. I do however have t...
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...
Hi Folks, I'm wondering if anyone else out there has pondered this. In Oakland, if an owner moves into a property, and that property is 3 units or fewer, then after 2 years of the owner living in one of the units, the...
I'm getting ready to purchase my first home. I know you can make money with real estate if you do it right but I'm not sure which would be a wiser decision. I'm deciding between buying a house and then keeping it and ...
Hello BP Family,Happy Sunday and I hope all is well. What would be your advice to someone that is interested in using lines of credit to start a fix-n-flip business? Here is my mindset on how the LOC process starts, h...
Here is what is going on:I purchased a 4-plex on September 11, 2014. 2 of the 4 units came occupied, so I inherited two different families as tenants.I am utilizing FHA 203k financing on this property, so I would idea...
In Rich Dad, Poor Dad it says: the people who hurry to catch the wave late usually are the ones wiped out. I wonder if that pertains to starting real estate investing right now. Maybe I wonder because I haven't starte...
I have just started looking for single family houses to buy and rent in the central maine (waterville, winslow) area. My plan (abbreviated) is to find plain but nice homes in decent areas, (not "high end" areas, just ...
Hi all,
I'm purchasing an investment property (residential rental duplex) and I'm wondering what the best legal entity to hold it in would be.
Purchase price: $479,000
Monthly cash flow: $1,500
Income will be ke...