I was recently advised by an attorney to open up a traditional LLC to not complicate overhead, accounting, bookkeeping when starting out. While a LLC could be sufficient, I did not want to have to transfer properties ...
Hi everyone,
My name is Shawn and I live in southern california. I have about 250K for down payment. I am looking into buying a fourplex within 8 months. My plan is to live in one and rent the others. I am planning o...
I have been reading these forums and all the info is making my head spin. I have a couple of guru programs that I am getting my money back on because I am thinking you don't need them.
My question: I am working with...
I have always been a hands on/engineer type person, this is in my nature. I really enjoy getting my hands dirty and doing work. I'm starting to question to what extent I should continue to be hands on with my real est...
Good morning all, My partner and I are in the process of acquiring our first 3 family. The first unit is vacant, making it easy to renovate and bring rents up to FMR. The asset has been owned outright by the seller fo...
I am selling a One Bedroom Condo and the Buyers Attorney wants me to fill out a Bulk sales application, what I don't understand is why? Since this is not a commercial property or is it in any type of corporation. The ...
I am a foreigner. I arrived here a few months ago and I live in a rented house in Jupiter. I would like to buy a house that I will live in for two years and then rent it. What is the accepted return to the region? ...
Hello BP community, this is my first post here and while I don’t expect anything I am hopeful that some of you more experienced will lend your expertise. A quick background on myself, I am 22 years old and have been i...
I just received information back from my lender and the #s dont seem to add up. What do you guys think? Any help/advice would be appreciated."We can do it at 215k at 5% down. You will need out of pocket 21-23k and be ...
Please help! I have an opportunity to buy the vacant land next to my parents for a total of 10 acres (5+5) in a great area. I would like to buy and hold but its vacant. Any ideas on how i could proceed. I dont have cash.