Hello all, I'm a 28 year old firefighter from Beaumont Texas looking into a sustainable side income in rental property. I am not LLC although paying the money to get this isn't a problem. My issue is that I am in a un...
Hey BP Family,Wanted to know if you all could share your opinions and thoughts on being a landlord vs hiring a management company. My main concern is trusting them to screen the tenants and choosing them since I’ll be...
Hey folks, as of yesterday I am under contract for a 2 bedroom townhome in Dundalk.
I walked the property with my contractor and we are confident we can turn one of the rooms in the basement into a bedroom (either t...
Hello all! Recently read rich dad poor dad and I've come to terms with what I want in life. Currently work at Audi in Salt Lake City Utah but would love to get into investing on the side. Planning on buying my first h...
Hi BP community,I currently own rentals in my own name and they are commingled with my personal finance and being protected with a $1M umbrella policy (not smart so please don't judge). I would love your advice on th...
Ive never had a partner outside of my LLC before. But recently I bought a property on a partnership and I have no idea how to deal with expenses and gains come tax time. usually I would put everything together and it ...
Looking for some advice.I am looking into a 5 trailer mobile home deal. Rent: approx. $300PP: 40,000The big issue is that the property is not zoned as Residential Single Family only. The town is growing rapidly and th...
Hi everyone. After countless hours of research and listening to realestate investing videos I feel ready to take action. I am seeking feedback on my first step and plans for the future. I am a truck driver and I plan ...
Hello everyone, I have a newbie question. I work on a W2, about a month ago I switch shifts and found my self with spare time so I decide it to use it on something new and started reading about real estate investment...
in terms of multi family/ house hacking. When adding value to the dwelling such as W/D, Dishwasher, new roof, extra room(s) ; How to you calculate those numbers into a plan?
Do you literally add what you paid for it...