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Hello BP members!I am new to the webiste and new to real estate investing. I am learning a lot on my journey to become a real estate investor and have just started using BP.com. I am a recent college grad with a stabl...
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I looking at a property and the owner lists it at a 12% cap rate. I did my math and the real number is closer to 8%. The property is class B or C. I am new to this, but it isn't prime and isn't terrible either.When ...
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Hello all,
I was wondering your thoughts on purchasing 1-2 rental properties Cash vs buying several with financing? Seems like having debt free income would be smart and an easy way to save $ to purchase more propert...
Hi All,New to BP. I'm a computer scientist / amateur investor from Nashville, TN and I have a rental property in Murfreesboro, TN. I enjoy being a landlord, and I would love to buy more properties in the near futur...
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What options for finance would be suggested for getting a loan with little $ down? I have a house worth $190,000 that will is mortgage free. It’s in an LLC in New Hampshire. It’s rented for $1250/mo.
Thanks in advan...
Hi all,I'm looking to register an official entity to do business through. Should I do an LLC through Legal Zoom? How much should I spend on this?I spoke with a local investor who has given me some advice and he has to...
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Back in November 2017, my rental (condo) had water a backup/leak from the kitchen sink area. This caused a bunch of water damage to the hardwood floors in the kitchen area and along the hallway (warped planks, etc). T...
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Hello,
I am currently looking at a portfolio of 18 SFH in south chicago suburbs, mostly in Dolton but also riverdale and calumet city. In doing some research the most obvious issues that I see with the area are:
1. ...
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Hello All,I know this is a highly technical question, so if you can't answer it but have a CPA that you can refer me to, I would really appreciate it.Here it goes:Me and my partner did a flip earlier this year, and de...
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Hey all. New to BP and first time poster. I did some searching first but didn't really find what I was looking for. Some background on me. I am novice rental investor, with only one property. We bought a townhouse in ...