My husband and I own rental property together, we are both on the deed. My husband qualifies as a real estate professional for tax purposes. We want to use that to offset my income, as I am the higher earner (I have a...
Hi everyone, my first post here.
I'm buying my first home and it's a foreclosure. Been empty for a year and only on the market for 5 weeks when I put a offer on it. We went under verbal contract Oct. 18, then under...
This is now 3 times I have accepted cash for either security deposit or rent and have gotten burned. I'm sticking to money orders!!! $300 in counterfeit bills - the bank took it - photocopied it so I could have a co...
Hello Folks,I would appreciate it if I get some advice on one of our deals. We are purchasing a 240K property in Mckinney, Texas and are supposed to close the deal tmrw August 6th 2015. However, during the last walk t...
Hi eveyrone, I'm new to apartments so would love some input on the following deal:2- 6 plex units with 2 bed/1 bath that appear to be in excellent condition with no deferred maintenance. Located at the end of a culde...
Hello!We are looking to refinance two of our industrial buildings and we are considering using a broker who works with life insurance companies. The terms are very good - 15 year fixed (almost unheard of for these typ...
Hey BP professionals-I am a newbie investor looking to get started in small multi-family buy-and-hold properties. I have read a couple of the BP published books, have attended a couple webinars and begun running some ...
Hi everyone,First time poster here. I work as an attorney (in a field unrelated to real estate, unfortunately) and plan to purchase property in the coming months with two long-time friends, one who manages his parents...
Was on another post and the question was asked, "What is a good COC for B and C self storage." The following discussion relates just to drive up B/C self storage locations. More than 80% of these are owned by Mom/Po...
Howdy,
Newbie to the forums and a relatively newbie investor.
I have two rent houses and have separate bank accounts for each one (one is shared with my sister, 50% each). I'm wondering, as I buy more single-family r...