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There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
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I have limited capital to work with and the idea of buying a property at $25,000 putting about $10,000 into rehabbing the house and renting it for $800 (local section 8 rent estimate) sounds like a great deal. I would...
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There have been some threads recently talking about working hard, spending less than you earn, etc. so I thought that there would be a thread on the subject book. I couldn't find one so I thought it would be a good i...
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Has anyone ever worked with LoanDepot to get a loan reinstated on a pre-fore property? I am looking at a deal right now and it seems as though they have about $25k in arrears/fees, this is just an assumption accordin...
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I am looking for a contract where I offer to catch up and take over payments with the idea of renting out or fixing the propertyany Ideas?
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I'm currently selling a 5 unit property in PA. It is fully rented and paid-off, so it is not a problem to offer seller financing. Any suggestions on how to market this sort of property? I understand that there is a lo...
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Hi everybody! I have been listening to all the BP podcasts I can find on section 8 housing vouchers. They all talk about the pros of section 8 but not many get into the cons. I talked to a woman on the voucher waiting...
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Good morning BP,
This is my first post and I will try to be concise. I bought my first SFH a couple months ago with intention of doing long term rentals. I have been doing showings/marketing for over a month and gott...
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I have been involved in real estate for nearly 50 years and have always been very positive about the future. I started at a very young age buying real estate and investing in more and more as decades went by. If I was...
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Total newbie here, considering buying a property to rent (two family home) and hold for 5-10 years before selling.
I'd like to have a break even or positive cash flow and was wondering if there was a rule of thumb of...