Hello,
I just started in the RE flipping business. I talked to several Realtors. The two that I find them helpful have been telling me the profit is very very thin in the Phoenix market. I am looking for SFH with rep...
I have run this report a few different times and always end up with a negative cash flow. I can see the problem is mainly with the insurance that I would have to have on the property. Most insurance companies I've t...
Hi Everyone. I know So Cal has quite a few BP members. Just wondering if anyone wants to do a meet up in the future? Probably not for a few months, to give everyone time to weigh in, before deciding on location.
Why...
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $156,000
Cash invested: $39,000
This is a duplex on Smithville Road. I rent out one side for $800/month, and Airbnb ...
Sorry if this is the wrong place to post this, but I thought I might be helped by perspectives on here.
We're just looking for a place. I've got a family, and due to covid, we had to leave our last state so my wife c...
Hello, this is my first post as I am looking to become more active on this website. But as the subject says, I am currently a full time truck driver and I am wondering if investing in real estate consistently can be d...
Hi everyone,I am a relatively new real estate investor. I have completed one deal, and I am sort of in the middle of a second deal (house hack, kind of), but for both of these deals I didn't run the numbers as I shoul...
Hello! Firstly let me say this is my first post. I’m in the process of acquiring a property for my first solo renovation project but I’m having a bit of a dilemma.I’ve done one renovation project with a partner comple...
Hello everyone,Currently as a recent graduate I do not have the W2 history to use conventional loans so my main focus has been DSCR loans. I have the bank statements and reserves part of the loan process secured. My q...
Hi,
This sounds more like a tax/accounting question but seeing if anyone has any insight here.
My parents just completed a 1031.
Relinquished property and replacement property both under parents names.
Accountant ...