Hi Investor Friends
I need advice. I am looking at a property that looks like I could get for 150-160k the HOA is $42. And the possible rent is at $1450-$1600. This property is rare because it has 4 bedrooms and most ...
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Hi everyone - Just getting started on BP (my first post here!) and with my first investment from SD IRA. I have already setup the IRA with a custodian, and am in the process of incorporating a special purpose LLC to m...
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In the process of getting prequalified for a FHA loan and I've been talking back and forth with a real estate agent (known her since I was a kid). I asked her how much usually is closing cost and she said 6%. Is this ...
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What software do you use to keep account of your rental income, expense, mileage, receipts, etc?
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Even though the state of Texas enacted legislation creating the series llc back in 2009, few people are using it. I am interested in your feedback. Have you heard of this? How are you using them? If you are new to...
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Hi everyone. Which case would be better for you if you were the buyer? To record this property sold at $50k or at $110k?Case 1: The seller wants $50k in his pocket after COE. He owes $60k for a lien on the propert...
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This is an part of an ad I saw on Craigs List:If you fix and flip After repair value $115,000. Purchase, plus costs $15,760. Repairs (estimated) $45,700. Holding costs $2,400. Closing Costs $11,500. Gross Profit $39,6...
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This is my first flip. The seller has accepted my email offer on her house. The cash buyer has accepted my price. Question: Do I still need to get the property under the contract or could I just connect the seller and...
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I've had the same person do my taxes for the last few years, but he seems to have disappeared this year. I guess I shouldn't have waited this long to reach out to him, but in prior years I'd set an appointment with hi...
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Locally there are not a lot of multi family units. So I’ve been focusing on single family homes. Generally I’m trying to find a “general” price for a decent home (whether it is done, or needs work). I can find nice 2 ...