Just for a little back story...I am young (24), I have never owned a home or any kind of property in my life and growing up my parents always rented. I was renting for a little bit at a duplex and not too long ago, th...
can anyone give me some tips as to how to start treating my business like a business and not a hobby?Thank you
Hello! Brand new investor here! I'm 25, in the middle of completing my first deal on a duplex in my home town of Westfield MA while I go for a PhD and bartend in central new jersey. Once the deal is closed, my DTI wil...
Just curious when is an owner finance a good idea? And what kind of term is reasonable ? I know someone that has a 4plex and a duplex that want to sell it but unfortunately I don't have cash or enough finance to for ...
Should I hire a general contractor and do all the work? Or is it better to hire different contractors to do different work (painting, kitchen rehab, bathroom rehab, etc)? Also, should I buy materials from store or use...
Hello! My wife and I bought our first long term rental in March, 2023. It is currently Grossing approximately $500/month (net is $220). Its financed with an 10yr ARM at 5.25%, currently. Our primary home has a 2.5% in...
Hello BP!Fairly new to real estate investing, just bought a condo this past year with my girlfriend (and not looking forward to doing my taxes) and am currently in the "save money for additional investment while I lea...
Where do I start reading about this stuff?
I googled for a while until I found this link: http://www.propertyinvestmentproject.co.uk/blog/using-a-company-to-save-tax-on-rental-income which unfortunately is only valid ...
Hi fellow BP's...I know I can always count on you guys for solid, honest advice from you experienced investors!Here's my current dilemma. I own a set of apartment unit buildings (which are 1 hr away from me), totaling...
I just had an offer accepted on two duplexes. This is my first purchase. I am now talking with a mortgage broker who is presenting me several different loan packages. I am putting 25% down each duplex, looking at a ...