I think I've concluded that I want to start out house hacking by buying a sfh and renting out each of the rooms, I think it will do fairly well as I also live near a college and can rent out to students to get higher ...
Hey all! First post, very excited. I have a question for residential developers on here.How often do residential developers work with converting land zoned agricultural? I understand that the rezoning process can be d...
Hello, I’m a very new investor. I’m working with $30k cash. I found a property in Detroit in the 48213 area code. The property is $8k need full rehab. The property is very close to downtown, freeway, gratiot (busy str...
This is not a situation I have in front of me but I'm doing some exploratory thinking. What if I was talking to an elderly couple that were concerned they would run out of money but want to continue living in the hous...
Hello BP community,I am still in the "learn and self-education" phase of my REI journey. I've been talking with a co-worker about REI and different sectors and niches and we got on the topic of section 8. He told me...
Great afternoon BP fam🫡.1, When self managing, do you pay yourself a fee? 2, if you do pay yourself a fee, is it considered an expense (tax purposes)? 3, if you do pay yourself, do you have to set up an entity to legi...
I'm new to real estate investment; in fact, looking to buy rental property for the first time. I've read several books on real estate and they all seem to suggest narrowing the list of properties using a "rule of thum...
Hi everyone,
I recently watched my first webinar here at BP. Along with the literature I'm reading, it made sense at the end to purchase the Pro package. Even though I know it does not guarantee success, there are ju...
I bought a property November last year. Purchase price was 55k, I did 10k down. I rented this property for a year. It did pretty good. Now I am in the middle of deciding If I should Rehab the property and refinance, r...
Is now a good time to buy condo's in Boston suburbs?
My mentor/broker is now advising I consider building a portfolio of condos, instead of CRE
It's still a hot housing market here, so one must act quickly when a li...