Hi , I am looking at Duplex in Bay area . Idea is to live in one and rent out the other. So this will be our primary home for next 3-4 year. I have currently found a property that is $1.5M . The Rent on the second uni...
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I own a 1-bed 1-bath condo in Cleveland, Ohio that was purchased in full for $50,000. We had the kitchen completely remodeled and now the condo is about $60,000. There is 1 renter there who is paying $800 plus utiliti...
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Hello fellow BPers! Newbie investor here, hoping for some friendly insight from this fantastic community. I'm in the binge watch BP webinars and "run numbers all day every day" phase of my investing journey and I've ...
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Hi BP - My primary residence is currently on year 3 of a 15yr mortgage at 3.125%. I'm looking to buy my next home which will be a non home sale contingent purchase. My question is whether it makes sense to refinance m...
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I'm a first time investor looking at the Houston area.Does anyone have thoughts on Woodlands? See 3 bedroom SFR near the schools for about 300K that rent 2500-2900 on craigslist. Mortgage $1000Taxes $500Insurance $10...
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Hey guys, question about hard money quote, please advise:My quote for a loan of ~ $168,000, my first flip9.5% interest rate (I understand)Closing Costs- 1.5% Origination Fee (I understand)- $1,495 flat rate Processin...
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I am a first time real estate investor. Currently living in wisconsin. I am looking to invest in a two or three family property in north jersey. Close to family. My major concern would be 1. Should I form a LLC ? If s...
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A trillion here, a trillion there…pretty soon you’re talking real money.
Check out this article from CNN-Money about the cumulative bailouts so far. With Obama’s proposed $800 billion stimulus package you are ...
I registered LLC and in process of submitting SS4 form to IRS to obtain EIN number.How do I proceed to have taxes filed with LLC's EIN, and completely separate from my own SSN.I want all the rental income/taxes contai...
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I am looking to JV with my brother where I will do the real estate investing (finding deals, property management, etc.) and my brother will fund it from his business account. From a tax point of view, is it possible ...