Hi everyone. My husband and I are under contract for a duplex- our first investment property! 🎉 We plan to house hack, live in one side and rent out the other. One side is currently empty and the other has tenants who...
So I am wondering what are the steps in being prepared for capital expenditures with your first property? Is having in between 6 and 8 thousand saved along with a certain percentage saved from rent each month a suffic...
Hey community wanted to see what everyone thoughts were on using your property manager to manage and handle the rehab process? This would include hiring the contractors and over seeing the process. I am an out of stat...
Hey everyone,I'm sure this topic has been addressed several times but it seems I keep getting different answers when talking with different lenders vs. what I've read online. I am rehabbing a property and would like t...
Hello everyone!
Has anyone done or thought of attempting buying vacation rentals through the investment of a self-directed IRA? Specifically, I have been researching the concept of a self-directed IRA LLC with check...
I have a deal in East Texas (Longview area) that is a hybrid manufactured home that I am having trouble locating financing deals. No one seems to want to finance a manufactured home. I am looking to finance up to $6...
What is your perspective on these investors, the response by the communities and politicians?Side note: this is why I tell people not to finance a mobile home and put it on leased land. One man said he could by a hou...
I have a 450k property that has 150k of equity after sales commissions. I want to use this to buy 2-4 rentals at 70k a piece. Could I buy 2 rentals cash (140k total) with a 1031 exchange and then doing a cash out...
Hi All, I am looking to get obtain critical legal advice while creating a key team around me moving forward in the buy and hold real estate process. I have some questions on the methods of utilizing an LLC while inves...
BP Community!I have a question. I have a "friend" that has an apartment unit that consistently has bad tenants. As a precaution, they now include in their lease that the landlord pays certain utilities and will be rei...