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I am planning to start a property management business in Texas. Can I expect to see good profits in this business?Any guidance is greatly appreciated !
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Hello all,
I just wanted to share my recent decision of a retirement account to set up for my self and the reason why.A little about meI currently have $0 in traditional retirement accounts(IRA, 401K, etc). I took an...
Will try to give all relevant details here, let me know if I miss anything8 unit apartment building in Western, NY. 6x 1bd 1ba, 2x studio, 265k purchase priceMax total rents - 55,800/year Max Current rents 42,000/year...
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I am in the process of setting up a self-directed IRA and then an LLC so I can have checkbook control. I want checkbook control to avoid the fees associated with money going in or out of the IRA. While vetting a few...
Why is Fresno so coy about the monthly charges for utilities? It's funny - the FAQ on the city website under "what are the fees for utilities" is answered with a non-answer with some vague mention that fees are calcu...
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So I am already in process of buying a property with owner financing (made offer Friday) and another deal has kind of fallen on my lap. Friend of mine has a townhouse, bought in 2008 for 170k, owes 146k (houses around...
Hello,I'm new to RE investing and I would like some advise on the following. I'm considering making an offer on my 1st property. It's 310K - 4 Bedrooms / 2 Bath - 1275 Sq Feet SFR. I'm estimating property taxes and in...
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I've been trying to contact my lender but haven't gotten the answer. So I'm reaching out my BP members :)My questions is based on this estimation, is my monthly paymnet $1070.42 or will it be $1070.42 + $285.15= $1355...
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I've been doing some research on a 9 unit complex for sale. It's been listed for a year. It is a 6 unit apt building, a 2-story/2-unit building and a 3/2 mobile home on 5 acres with a pond. It is fully rented, and ...
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I'm currently living in California and would like to start investing near my relatives in Michigan. I'd like to do everything from an LLC for peace of mind - should I register the LLC in California, Michigan, or anoth...