when buying rental properties, is it better to put every property in its own separate llc or should I just put all of them under one business name llc? I obviously want to limit the liability if someone were to sue...
Hello all!If you manage and maintain your own properties, what spare parts do you stock?What I have in mind are things that might make the house "unlivable", or parts that can be used to at least make the house safe o...
Hello BP Community! 👋🏼My name is Marissa and I currently reside in sunny Scottsdale, Arizona. ☀️My current project consists of a house hack on a SFH, that was purchased in 2016. Next step will be to refinance for cash...
Hey everyone. I am analyzing a deal & I'm nervous that I may be missing something just from inexperience and could use input from some seasoned pros.
The plan:
Building 1 is a duplex currently rented. Building 2...
Hey Fellow BPers! I'm diving into mid-term rentals and hoping to shift more of my units in that direction. I've got a few questions and I'm hoping you can shed some light on them, to help me streamline my approach to ...
If you were starting a new STR or MTR, what are some things you can do to cut down on future maintenance? I'm looking for durable furniture, linens, construction materials, things like that.I have and STR and an MTR a...
Hello BP!My first deal ever was 10 years ago. I bought and fixed, sold to my parents and they owner financed @ 10% for 5 years. My 2nd deal was a year later as a bird dog deal. I didn't even know it had a name, but...
How do banks recognize owner finance?
Here is what I want to do.
Owner Finance with zero down.
Rehab the property and put tenants in place. 2-3 months
Refi the property through a conventional 30 year loan.
Will a ...
Just purchased my first SFH rental off-market. Needs extensive work but don't know true extent. I do know it needs P/B foundation repair, new tile, and plumbing updates. My question: is there a general order of doing ...
My wife and I have owned 1 rental property for the past 5 years. So far I've managed to keep good records and receipts for all transactions relating to the rental. I'm looking into the best method for me to keep the r...