Hello Folks, I am fairly new to RE Investing , Currently own one SFR in memphis area and looking to explore some new areas.I recently got a job for a Michigan based company so exploring this as I may visit there every...
Hi Everyone,
I'm looking at 2 possible deals, and I'm only going to be able to swing one of them at this time. Planning buy and hold. Question is, which one sounds better:
Deal 1:
Bank-owned, 8 units, asking 250K,...
I have been researching real estate and trying to get an education on it for the past few weeks. I have heard terms such as, multi-family, whole sales, flipping and many more that I don't understand fully. I can't see...
Hello! I purchased my first duplex and have a question regarding existing tenants.
The summary is, I have an owner occupant mortgage. One unit has tenants I would like to keep (it is much larger and draws much bette...
I visit Cali multiple times a year in the fall and winter. I’m seeking help on creating a strategy to purchase property near the Los Angeles/Inglewood area up to 2 hours outside these cities. The goal is to buy a prop...
What's the best way to get inherited tenants out of a property when you buy it?Any advice, experiences, and knowledge of the potential legal pitfalls and ramifications would be much appreciated!
Hello BP family I hope everyone is doing well. I am about to rent one of my vacant unit for the first time. I have a lot of tenants with potential and want to screen them very well. What app do you guys use to check t...
Any tips on how to identify markets for long term rental income? we have around $200k in cash and looking to invest in the US (we're Canadian) a bit lost any advice would be appreciated.
I hear that I should utilize cost segregation to calculate my depreciation in this first year of renting, but every calculator I find starts with the question "How much did you pay for the house?". I bought a new hous...
Hey everyone, what tools/method do you use for estimating the cost of maintenance and repairs of a multi-family home (2-4 units) ?