Brodie J Meaux
Questions about number of LLC’s
Is it best to make an LLC for each rental, or single family dwelling I plan to own. Or better to have one LLC for all of my rentals I plan on owning.
Allison Dorbad
Tenants divorcing and both want house!
We have a single-family home that we leased to tenants in March. The wife called to say the husband had his girlfriend and her son move in while she was away and put her belongings in the garage for her to retrieve at...
Hadar Orkibi
Applying for Credit Card?? STOP And Read This
Hi BP friends,
On Friday I had a good lesson I want to share with you when it comes to FICO score.
I’m about to close on a deal in the next 30-60 days and lock rates on Monday prior to the Fed increase on Tuesday.
...
Ben M.
Closing costs in a wholesale transaction
What all are common items included in closing costs on a wholesale transaction? Which items are usually the seller's closing costs and which items are the buyers even though in most cases the buyer pays both closing c...
Calvin Lipscomb
Contractor Recommendations For 6 Family Rehab Work
Closing on a 6 family unit in Chi-town. I am looking for a contractor who has worked with the CIC (planning on using them for financing) and does not mind guiding a newbie through the process. Thanks for the help.
John Buchanan
Two Tenants - one lease or separate leases?
I have two new tenants moving in, unrelated, purely roommates unknown largely to one another. (they found each other to rent the unit)Should I have one lease, with both listed, or two separate leases?thanks
Corey Duran
Looking to change my business structure (single LLC now)
Currently, I have many properties, all under one LLC roof. I know this is not the move... That is why I am looking to change this. I am curious how I should do this. I have heard of setting up a series LLC. But these ...
Jaryn Pierson
Patience with a Tenant (Potentially) Pays Off
Tossing out something here that doesn't always get spoken about.Purchased an 8 family unit 4 months ago, my second property, and was certainly in over my head. Lets call it growth. Was able to get all the existing ten...
Hansel Gunawan
Buying Multiple Houses
Hey guys, I have a question.What if I buy, let's say, 3 houses and then I want to rent out all of them. Which primary residence should I use? Do I really need to live AT LEAST A YEAR in one of the houses or can I just...
Jordan Santiago
WHAT TARGET COC RETURN FOR YEAR 1?
Hey BP,
I have a question for anyone experienced in value add deals, specifically large apartment complexes. Being that the rents are below market value, and the loss to lease is high for a lot of value add deals, wh...