I'm running different scenarios with the BP rental calculator for a 4-flat that I'm considering purchasing in southeastern Wisconsin. The building is in good shape and is fully-rented, but it is older (80+ years) and ...
Hello, I currently flip homes and I'd like to start buying rental properties, is there a current formula I should live buy when barrowing funds to purchase?
Hello BP members, my name is Shawn Allen. I have recently became interested in real estate about a half a year ago. I haven't invested yet, mainly because I don't have the capital and I don't have the knowledge. Would...
Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...
We have a LLC that just closed on a flip where we made short term capital gains on. We decided not to do a 1031 exchange, but are looking for ways to minimize the taxed amount. Under this LLC we also have rental prope...
Hello, within the last year I purchased my first property by using the house hacking strategy on a duplex. My tenant pays most of my mortgage for me and I became incredibly determined to try and get another deal in th...
Hi guys,New member here. I've been investing in SFH in A+ Cleveland neighborhood for the past 4 years. I self-manage these properties, doing reno work myself and liked how little I need to get involved. I'm still quit...
Hello everyone,
I have been lurking around here for a few weeks as I try to put my head around my future as a landlord. I am in that phase where I am reading and learning as much as I can and trying to figure out ex...
Loving this forum and all the amazing success stories. I've barely got a toe in the bucket but being midtransaction on our third property, my compulsive obsession with number crunching has me wondering how much is eno...
My mother recently purchased a property in a 55+ community and is the only one on title. I'm the only child and she is divorced.
I'm thinking it's always best to avoid probate and was wondering if I should also go o...