I'm brand new to this, and I have my first potential renter ready to complete an application. What do I do with the personal information after I use it? Do you all store hard copies in a locked file cabinet? Do you sc...
Hello BP crew,I'm a new investor about to close on my first property in Albuquerque. I'm financing it as a second home (since I'll occupy some of the time and rent out when I'm not there), through a conventional mortg...
Hello,I have several Airbnb that I own and manage myself in the Raleigh, NC area. I was approached by a person who owns a great place for an Airbnb- a large cabin with a pool and pond on a 3-acre land with tons of pot...
The bank holding my mortgage has informed me that they have made a business decision to not allow properties to be transferred to LLC's. I have gone back and forth wether or not an LLC is needed, but after doing some ...
I'm curious what people do to protect themselves post-flip. I am mostly wondering about protection from issues that arise in a property years after someone purchases. I work with reputable contractors with lots of exp...
I'm building a new house and was told to get builders insurance. The quotes I have included a bunch of silly things on them like "jewelry" protection which seems nuts. What is the bare minimum insurance coverages y...
My wife and I own a 3 family in Newark NJ that we bought using an FHA loan (3.5% down) 3 years ago. We currently live in one unit and rent the other units out. I have a loan balance of approximately $410K and pay $270...
Hello, I'd be interested in any advice/opinions people have on forming a corporation (LLC or S) to protect assets.
I have 3 rental houses that I've aquired over the last couple of years. I plan to jump into real es...
My lender doesn't allow switching my rental properties from my name into an LLC. I have been reading that an irrevocable trust can provide some level of protection from creditors. Do you recommend putting your rentals...
I would like to hear thoughts from Canadians how they set up their entities in the US and why they decided on certain structures based on investment/exit strategies. I have seen LLLPs used, LP used, LLC owned by C-Cor...