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Hi All,I singed a contract last week on buying a lot of land. When I was talking about it the guy who flipped it to me told me that previous buyer backed out because previous buyer could not get title insurance from t...
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To potential partners approached me about joining them and establishing an LLC to Byam whole rental properties. My question about buying and holding properties in LLC is can we get a traditional 30 year mortgage in an...
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Hi, I wanted to know what the legal repercussions are of renting a home that you bought as your primary residence. My mortgage says that if I do this I could be fined or even enprisoned for lying about the occupancy. ...
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I was just reading on another thread about the old debate of how many LLC's do you need? Just one? One per property? Somewhere in between? The idea is to segregate silos of liability exposure. That's fine, I don'...
Hello all,
I am interested in the topic of asset protection via an LLC. I am also interested in all of the tax benefits/advantages associated with claiming business expenses, so…. forming an LLC for a rental ...
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Hello BP community! I'll try not to shave too many years off your lives with my introduction, but it's going to be a long one, so I can cover the bases!
I'm not currently an investor...yet, but I had a "serio...
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Major water damage in my investment property from a sudden pipe burst there was some other damage from a break inand had a previous break itI have max 160k insurance payout.It is a builders risk policy for house flip...
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Hi Everyone,I'm looking for advice on how to handle an issue. I recently purchased my first 4 plex. Everything checked out through inspections and the sales process between seller and buyer (me) was perfectly fine. Th...
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I typically do owner financing ( LC, Lease Options), fix and flips or wholesale deals but few rentals. Have a house I remodeled (new carpet, paint and everything else). Have a prospective renter with 3 large dogs (app...
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I am currently owning two rental properties, and I am planning soon to expand my little empire by buying a few additional properties. I have done a little research, and it seems like there are many benefits of running...