
28 February 2024 | 7 replies
The biggest recommendation I would make is to get an inspection done with a third party you choose.

29 February 2024 | 0 replies
You can negotiate your own terms with a private party who may be willing to give you a lower rate than what is available on the public market.

1 March 2024 | 3 replies
See a lawyer and pay for professional advice.

1 March 2024 | 6 replies
.; finding, analyzing, acquiring, and managing a property), then it becomes exponentially more difficult.Think of it this way: forming and managing a team of real estate professionals (agent, inspector, property manager, contractor, etc., etc.) without any real estate experience is a bit like trying to form and manage a law firm without any legal experience, or trying to establish and manage an auto repair shop without any automotive experience--those would be monumental challenges even locally, but doing it from hundreds of miles away is near impossible.
29 February 2024 | 5 replies
The important part is to start executing.You can always have 10 conventional mortgages and then start doing DSCR stuff.

29 February 2024 | 4 replies
The nice part is, I renovated the whole thing in 2020(new shingle roof, new siding, new heating system, new HW tank, new kitchen, etc.) so I dont foresee any big CapEx expenses in the near future.

29 February 2024 | 2 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

29 February 2024 | 4 replies
All parties have settled on the price.

29 February 2024 | 4 replies
Professional framers is a specialty.

29 February 2024 | 4 replies
The asset protection benefit is that I can utilize Special Allocation strategies whereby, I, as a natural personal individual, would own less than 10% of this new Partnership/LLC and my SMLLC would own the remainder 90% thus the majority tax responsibility would flow through to the SMLLC.Any thoughts from the professionals of BP is greatly appreciated!