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We just closed on our second turnkey property. This time the turnkey process worked the way it was supposed to work. We purchased a property in Memphis through Memphis Invest. The rehab went as promised and the inde...
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As an individual owner, do I have to send 1099 to individuals I hired to work on my rental properties? I know as a Corp or LLC, I do, but no sure as an individual owner if I'm supposed to send them 1099s.Thanks,Azita
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Hi,I am looking to start investing in rental properties in Orlando, and since I live in NY, I would probably need a property management company.Given that I am new to this, I have a laundry list of newbie questions.1....
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Hello,I am looking to acquire rental properties in the Cincinnati, OH market. I make good money, financials in good order, and own a primary residence already. As a way to scale quickly and reach a target goal (25+ un...
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My parents bought a house for me, my girlfriend, and her sister to live in with 3 bed 2 bath. I put the 3rd room for rent for $850 and all utilities and services included. The house is $200k with 1619 sqft, built in 2...
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Hello BP family.I found a property in one of the C market in AZ.Asking price - 178k with 10.2 % Cap rate. 6 units Full renovate in 2017-2018 so low maintained cost The place is 100% occupy. With annual 8% occupancy ra...
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Seeing it both ways. A bank doesn’t want to hold on to a house. At the same time are they gonna be willing to sell it to you at a price that makes it worth while for you as the investor.
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Hi BP community!
My name is Bridget and my boyfriend and I just recently moved to good ol' Marietta, Ohio. We have been studying for awhile since we found BP but i realized i never made a formal introduction! Well he...
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I'm looking at a house that would need to add a master bath if it was to sell properly. So, I would need to move plumbing about 10 feet from existing plumbing for the washer/dryer (closest plumbing). It is a slab fou...
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I did an experiment where I bought a fc 2 family in an undesirable neighborhood. 27K, great shape, BRAND new bathrooms, fixtures, etc. All we did was put new carpet, linoleum, paint, THEN enrolled it in the HESP progr...