I just bought my first property! It closed 4 days ago. Its a duplex in a local city with good rent, some repairs are needed but nothing really big. Closing was a nightmare! I'm one of those self-employed people. Even ...
Hi everybody,
I'm looking to buy a property in my are (north Houston) as an investment. My plan is to do STR, but I am also making the LTR calculation in case STR does not work out or in case I do no longer have the ...
Hello,
I am based out of San Diego and getting into real estate investments. I am looking at building my portfolio in rental properties. I am thinking of buying properties in the range of 50k - 70k. Which areas aroun...
Hi,I am currently looking into Real Estate Syndications as I'm looking for more passive cash flow. I'd want them to have an office in the Bay Area, so I can drop by and chat.The following names have popped up in my se...
Hi BP community, Before I write about my specific situation - I really appreciate any replies, thoughts, or comments in advance. It's a pleasure learning from everyone here. Please feel free to be as critical/constru...
Hello BP members!I've listened, read and debated a lot of material about using retirements funds in a self-directed IRA to invest in real estate. The rules seem really cumbersome and complicated, and since I'm still f...
Would it make sense to buy a home, rent for 1-2 years (negative cash flow), with the intention of making it our primary residence thereafter? Please advice. Is there anything I need to think about here?We found a home...
My day job is a photographer and cinematographer, I have an LLC for that work that files taxes as an S-Corp. I generally pay myself a reasonable W2 salary (about half of Business income) but 2020 was a bit different....
I own a home in Little Rock AR and moved to Texas for work in June. The past three years I rented out my spare bedrooms to three other girls. I never considered it to be "income" as 90% of it went to the mortgage or r...
Background first
I financed my first house 12 years ago. It is a 3 bedroom and 2 bathroom house and is a little over 1000 square feet. It has the biggest back yard in the whole development. Good neighborhood....