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Hi everyone, I'm new to investing and very interested in learning about buying and holding, and lease options on single family homes, and also on setting up a legal entity as a real estate investor. Does anyone have a...
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I could not find anything about this on the internet so I thought I’d put it out here. At what point is it necessary to hire employees to assist you in growing your portfolio? What kind of work is delegated to these e...
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This would be my first deal. It came on the market 2 days ago. It's in a suburb of Minneapolis. The pictures on line look good to me. Good condition, decent neighborhood.
Here are the details:
-Duplex. ...
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Hi, my name is Justin, I am debating on what a better investment would be. (in general) Buying a Multi unit property 3-5 Units (50-100k$) and living in one of them, This way I can use a fha loan with 3.5 % down as ...
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Hi BP family. We were under contract for a property near Corpus Christi, Texas (1 SFH and a 3plex); 3736 sqft. There was termite infestation in both homes but the seller won't budge when we ask for repairs so we can...
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Did you get your family involved with investing or rehabbing as well or do you do it on your own? I was debating on if I should try and get my wife on board as I start investing, after I get it figured out, or at all....
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Hello BP community,
I hear that buying a rental property as a person yields a better interest rate than buying as an LLC. I also understand the costs associated with the property transfer from a person to LLC, as we...
Hi,For those of you who have bought a property in another state than your residency, can you share your feedback on how you proceed, how did you find a good real state agent and property manager, what are the mistakes...
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As a new investor I am hoping someone could help me in looking at two properties in Memphis.Property 1:6740 State Line RdMemphis, TN 381412 floor, 3 bedroom, 2 .5 bath with a 2 car garage selling at $99,000. Just reno...
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If I were to create a firm (an LLC) that wanted to buy real estate in. Limited Partnerships are generally seen as the go-to business entity for tax and liability purposes. Naturally, the LLC would charge management fe...