I've just purchased my first property: a duplex in I guess what I'd call a C- neighborhood. I'm hoping it will turn into a success story post soon, but TBD.Both of the units have hardwood flooring in their main living...
Hi, I’m just starting out in my real estate investing journey and am looking to buy a single family home to buy and hold as a long-term rental. Do I need to have an LLC set up prior to obtaining a loan or can I have t...
I have been pursuing multiple strategies for flipping houses and being able to pursue my goal of restoring neighborhoods. Along this line of thinking my investors and I have been considering builder financed projects....
I am curious if anyone has experience rehabbing to incorporate smart, internet-connected devices and what impact it has on resale value. I'm very interested in creating more autonomous homes to allow for easier living...
Hi there!My partner and I are looking to create a portfolio of long term rental properties to create freedom and independence from our W2 jobs, and create a foundation for generational wealth. Having a toddler now has...
I recently assumed a mortgage with build in equity. I'm planning to turn around and sell this property and I'm curious as to what my cost basis would be for taxing purposes. Just to make this simple. I paid $30 k to g...
Just searched found and joined BP site. Very much enjoying the site.
41 year old guy - Currently - 1 year emergency fund funded. Live very frugal life style. Have a credit score of around 700. zero debt except for...
We recently had a family member offer to sell us his condo. It's in a great area, and the offer price is slightly below that of other comps in the area. Market price is around $180k, we can get it for $160k (using c...
I am stunned at the number of smokers that are out there in the rental pool. Right now out of seven units I have four smokers, all of which claim to be 'outdoors' smokers, two of which I discovered subsequent to leasi...
I was wondering from you guys if it was better to rehab and flip in modest/bad neighborhood vs doing the same in a better neighborhood? Are the profits better, provided you could find a deal?