All, I'm thinking about branching out into a multifamily purchase. I found a good candidate property - $2360 monthly rent received. It's for sale for 310k, so when I put all the factors into a calculator I'm getting...
Hello All,Scenario:-I obtain a hard money financing for a property under contract.-Example property X: paid $40k, rehab $20-25k, worth $105k-Instead of flipping the property, I decide to keep the property as a rental-...
I’m an agent and 1st Time Real Estate investor and I want to run this deal by you all. The quad is in a good area and fully occupied. It brings in $3,150 Monthly in rent. Estimated mortgage payment is $2,400 Monthly. ...
Hi everyone! I'm doing some research for an upcoming venture, so I've got some questions for you pertaining to maintenance on buy and hold and cash flow properties. Understanding of course that some of the answers wil...
I have my primary sitting unoccupied (moved in with someone) and I want to purchase another property for STR. I’m not sure if I should sell or rent the house or if there’s another possibility. I bought this house 6 mo...
Hello, I just thought I'd ask this question and see if there was any way I could go about this. I currently rent a 3 bed house for $1,200. The rent went up this year, it was previously $1,050. It's my girlfriend and I...
Hi BP friends,
This is my first post. So I’m looking for some advice. My wife and I are currently small investors. We do currently have an LLC setup but after going to refi some cash out of one of the homes, I realiz...
Hello everyone. Here to learn more from other landlords and property managers. I have questions regarding rental payments/income protection and making sure an investment doesn’t become a loss.
So I manage about 8 ...
Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...
Hi Everybody My question is when analyzing a property should I consider income tax in my analysis or should I assume that the deductions will reduce my taxable income to where its pretty much evens out and not worry a...