This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
I'm a complete noob. I'm planning to put in my first offer on my first rental on a SFH in Kansas City in the next day or two.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI have...
Hi BP community!I joined BP a few months ago and have primarily spent my time listening to podcasts. What a resource! I was building and rehabbing homes in the Boston area 2002-05 and luckily got out before the meltd...
Hi BP folks,
I live in Los Angeles and have been putting offers in for fourplexes but prop 10 has me wondering if I SHOULD by as big as I planned. For those who don’t know, prop 10 would limit landlords ability to ra...
Hi everyone!! Thank you for reading!A little about me: I've saved money for years to buy my first prop and will short term rent/Airbnb. My budget is around $500-700K. I'm preapproved up to $1M but that's a level of ri...
Isn't it ironic how the one time borrowers got a 'leg up' in the form ridiculously low interest rate mortgages that those same 'assets' are partially what is behind the collapse of several significant US banks and bey...
I live in Folsom, Ca.
Bought house 6years ago for 575k, and currently valued around 850-875k, its 20 years old house.
We are thinking of moving may be to different state.
Can't decide whether to sell or rent it out...
Due to COVID, vetting deals requires a keen eye now, more than ever before. These are the 3 areas I think require the closest focus.Vet the Sponsor FirstFinding the right sponsor is just as important as finding the ri...
Hey BP,As most have heard, the real estate market is extremely hot in the DMV, especially in the Northern VA single family house sector. Prices escalating, multiple offers on every property (5-85) (yep one had 85 off...
In today's market in my area, i can find some sub-$300k houses, with mortgage payment about $1,000-1,100 (after 25% down payment) would profit around $350-500. but my down payment would be from a Heloc, so after int...