Rosalind T.
Creating a Series LLC structure for RE Investing
Hi BP community,When setting up your initial LLC for your investments, has anyone ever used a Series LLC for the ability to create multiple separate series under a main LLC? My understanding is that this is possible i...
Thernest Brown
Cash Out Refinance VS Home Equality Line Of Credit
Hello Everyone,
What's the advantages and disadvantages of Cash Out Refinance VS a Home equlity Line of credit ?
Blake Hynes
Disadvantages of acceptin to take 2nd position mortgage as seller
I have an offer from a buyer to buy my commercial mixed use property I paid $330k for a year ago which I put down 25% on and owe about $240k on. The buyer is offering $410k which is probably right at what it would a...
Leslie Stouffer
(Dis)advantages of buying a house next to a cemetery
Looking at a house to purchase to rent (not sure if short, medium or long) that is surrounded on one side by a decent sized cemetery. Right now it has a chain link fence and its at a dead end. I think a privacy fenc...
Logan Ransley
What is the biggest disadvantage of using QuickBooks for rentals?
Quickbooks seems to be a very popular tool for tracking income and expenses, however, before I commit to Quickbooks... in your opinion, what is the biggest disadvantage of using QuickBooks for rental properties?
Tom Hayde
Is there is advantage/disadvantage of using a mortgage broker?
I have a relationship with a mortgage broker but only for my residential propert. I am looking at two options. 1 - duplex for approx $85k and/or larger multi-family over 4 units for $400k. Is he a decent place to star...
Chris L.
Are there any advantages/disadvantages to selling to a builder?
I may be selling my property in Bergen county. It's an older one story that is in an area zoned for two story. I'm presently renting it out. I'm wondering what the pros and cons of selling to a builder would be and is...
Johnson Michael
Is being a real estate agent a disadvantage for investing?
Hi,I was planning to get my real estate agent license before getting into investing in real estate. I spoke to an investor who advised me against it saying that it will open me up to more legal liabilities if I have a...
Tim McDowd
Advantages/disadvantages of buying an updated house for STR purposes
Is there any general rule about investing in an already updated or new home if the location and market are strong (not a beach or mountain market)? Or said differently, do guests prefer newer/updated homes?
Jordan L.
What is owner financing? What are the advantages and disadvantages?
I'm looking at a multiunit property and the owner is willing to do owner financing. I have some knowledge but I never walk this route before. Is there a down payment, does the owner run your credit? Will the bank kno...