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How would you structure this type of business?Two friends of mine (Friend 1 and Friend 2) have expressed interest in real estate and Friend 1 has the money to do so. I want to open an LLC with Friend 2 in order to dis...
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Hi everyone,Interesting situation happened over the weekend and would love some feedback/advice. During the inspection on a property I'm buying in the Cobbs Creek are of Philadelphia, the tenants were present and ref...
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I have a tenant whose 1 year lease will expire in a couple months. It is setup to go to month-to-month at that point, and I'm trying to decide whether I want to let it roll to month-to-month or let her know it will n...
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I'm looking to bid on an upcoming property in my area on a tax foreclosure, my question is what do you do about the current owner still living on the property after sell?
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Hello. I am new to this websites and have recently joined an investment club. I went to a seminar and got caught up in the moment. Before I knew it, I paid $1600 to join the Tax Lien Buyers Club. The speaker made it s...
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Hey BP,I am closing on my first deal on Sept. 22nd (next week, woo!). With the deal (duplex), I am acquiring a tenant on the bottom floor. The tenant has been paying significantly lower rent for quite some time, appro...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Hello B.P. community,I'm trying to land my first property, and I'm curious about your tho...
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I just made the BIGGEST mistake in REI.
-spoke to non-motivated seller about buying his tear down house (approx lot size 86 X 109). Sqft 1400 -1500 sqft. He's non-motivated because he said he's in no rush and he will...
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just bought a property in Corona, CA using VA home loan for $370k, thinking about renting it out to for the price of the mortgage which is average here 2200. I'm trying to move closer to work, any advice would be appr...
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I'm in the process of closing on two duplex's on one lot. I'll be owner-occupying one unit for the first year of the mortgage, and plan to move out and rent all 4 units thereafter. I'm required to have insurance on th...