Hi all-my mom wants to dedicate her time to real estate full time. Came across the real estate professional status which could help her in convincing her to let go of her w2 (with tax savings). Here is her current sit...
I recently purchased my first property. I factored in mortgage, taxes, CapEx (at 3% per year of purchase price), and a 5% vacancy and I'm looking at a 13.69% Cash on Cash return.When I purchased the property, there w...
My fiance and I bought our first STR last year and rented on AirBNB/VRBO throughout the year. We are both W2 employees so we should be pretty simple.We bought the STR as a vacation home and do go sometimes ourselves ...
Good morning!! I'm so excited about this new endeavor into real estate investment and entrepreneurship. My partner and I are complete newbies. Any advice would be helpful!! Looking to start ASAP :)
What is a good way of splitting profits for flips if I partner with a realtor?I ask because I recently had a realtor reach out to me that I've worked with in the past who wants to partner with me on a flip. He is seas...
Hi BP Friends, My name is Ajit. I'm from Long Island, NY starting my journey in Real Estate. My partner and I are in our 40's looking to acquire multi-family properties out of state for cashflow. I'm a small busi...
I wanted to quick ask what people have found to be the most economical solution to replacing water heaters for 1 and 2 bedroom apartments. I am looking for recommendations on brand and size. The best I can seem to fin...
Hi y'all. 22 y/o here that just finished up college and starting the work life. Been aggressively saving up my income and been reading up on as much as I can. Lease ends end of May, looking to get into duplexes. Any t...
Hello BP fam!I am a total newbie from the NOVA area looking to purchase my first property in baltimore city; however, I am a bit sketical because its in a bad neighborhood. If I were to purchase this boarded up row ho...
So I am trying to find a GC for upcoming potential BRRRs and not sure where to start.I am house hacking right now and I just bought my partner out of the house and he moved out. With that being said I have a whole th...