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Hi folks,Now that I am acquiring enough rentals to have true value, I am getting worried more and more about the risk. That said, it's time to convert to LLC's (probably a little late, but better late than never).Curr...
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Hello,I am trying to help my sister rent out a unit in her building in a class B area, but we are having trouble finding the right tenant. We followed suggestions and set up minimum screening requirements, one of whic...
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One of those inspirational FB memes came up in my feed yesterday, and it's basic sentiment was that at some point, you just have to do it scared. Take the leap of faith. And I appreciate that kind of encouragement. ...
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Over-supply and lack of demand are the obvious causes of a decrease in multifamily occupancy. What are some of the specific economic factors that can cause it?
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I have a BPO coming up on a property I have under contract, and obviously I'd like the BPO to go my way. However the house is pretty nice. Not much for repairs or anything. It looks ok. Maybe a a little paint and carp...
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So my wife is on board with using rental properties as a way for us to achieve financial freedom, and a year ago we bought our first duplex. But I'm having some trouble getting her to understand some of the expenses i...
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Hi BP family - hope you're well!Wanted to pose this as a question while also ranting a little bit.Curious to know if I'm the only one feeling strongly about this?Some Background:I'm very entrenched with multifamily sy...
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
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What is the norm for ownership and sharing the cash flow when three partners purchase an income property?
Let’s say one does all the work, the two others come up with down payment.
Is everything going to be divided ...
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Hi my name is David and recently I had thought of an idea of what I wanted to do with my life. Please be considerate and open minded to the fact that I am only 19 years old. I work a job ,rent a house (for now), and ...