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Background: My wife and I live in San Jose, California, where we are renting a basement apartment from family for a great discount. Both of us have corporate jobs with decent salaries, so we are saving about half of o...
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Hey BP, here's a scenario that poses a number of issues and I'd like to get an opinion on how it might be dealt with. There are several issues arising here, so the problem will require some skill to resolve.
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Hello and thank you for the comments and suggestions in advance. Given the ideal situation when owning a rental property (for this example residential 1-4 units) is to hold that property in it's own LLC for liability...
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Hello to the BP community,(re-posting because my former post didn't meet BP standards)I am considering out of state investing in Florida. I would love to hear regarding experiences of others. Hopefully that will ge...
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I have signed up with several wholesalers. Quite often, wholesaler A sends me a property and a few days later, wholesaler B sends me the same property but with a slightly increased price (including his fee). Wholesale...
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Hello guys. I live in San Diego in 1 bedroom condo. My loan payment including HOA is around $1,700.If I rent out this condo for, let's say same as my loan payment, and buy another property where my loan payment would ...
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Hi,While doing wholesaling on an REO property and doing double closing from A to B and then from B to C, is it "legal" and possible to do B to C closing first and then use that money to close A to B transaction?
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Hello all, my name is Bryan & this is a short post about my 1st flip success story (pending closing).I decided just over 1 yr ago that I was going to become a real estate investor more actively. I had already be...
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Hi All,I have few long term rental properties. Would like to step in to short term world. Newbie here!!I am looking to buy a potential short term rental property in 3 acres lot (lake facing). This property consists of...
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I'm planning on purchasing an investment property in the range of 30K-50K, instead of using my capital looking to borrow from a private money lender. This private money lender is an investor with many properties and i...