Bienes Raices
Is it okay to use my personal cell phone for LLC business?
This might sound like a strange question, but I plan to use my personal cell phone to take applicant phone calls for the LLC (which I currently do for properties that I own in my name). The bill is in my own name, of ...
Jonathan S.
Refi Appraisal Problems
Hi All,Purchased a Duplex 2/2 for 160k a year ago; had to separate all utilities and upgrade oil to gas. Put in about 30k all said and done. Owner occupied.Rent is pulling in 1250 a month. Mortgage 1140. Nice deal. So...
Jean-francois Ndomb
HELP - FOUND MY POTENTIAL FIRST 4 UNITS ( FIRST DEAL)
Hey guys,I am getting ready to buy a 4 unit multi-family property from a friend who does not want it any more but doesn't want it to go back to the bank ( moving on to a different business). So instead of $85k it w...
Kendall Vrana
Could use some advice on LLC
Hi, all! @Raymond Northcutt and I are looking into beginning an LLC, and we have more than a couple questions. We've started doing our own research, but have a lot to learn and were looking for some help. Ray just clo...
Christopher B.
Not Sure How I feel about this Multi
Hello all, I want to thank you ahead of time for any input, I think best out loud and this is a good substitute. I recently purchased a package of 4 homes, I planned to sell 2 and keep 2 for rentals. I've sold one, th...
Joe Forte
Newbie from Akron Ohio
Hello BP World!
I have lived in the Akron area my whole life. I currently live about 1/2 hour south-west of Akron.
I have worked in IT for the past 26 years in various positions, with the most recent as an IT I...
Jake Walroth
First time Buy and Hold/Owner Occupied
Hey guys, First post here on BP... I've been reading and trying to edumacate myself on here though for a while now. Figured I'd layout my first purchase with some questions... any and all comments/suggestions are welc...
Dan Smith
Partnering with a friend
Hey BP, I have a friend who I have been speaking with about partnering together with and I was hoping for some advice on the matter. We are looking at contributing 50% each to fund a new deal and we wanted to make su...
Marshall Magnus
Building Science, basement suite soundproofing
Hi all,
I wanted to talk about soundproofing and see what the community thinks about noise separation between units.I am currently developing a legal basement suite in a single-family house in Edmonton Alberta, the h...
Suduk N.
Separate heat and hot water in a 3 flats
I'm about to close a MFH in Chicago. It is a 2 flats with a legal basement making it a 3 units property. It has 3 electrical boxes and 3 gas meters. Currently, there is only 1 huge old gas hot water furnace that se...