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Hello all, I have a tenant in MN that I'm ready to send packing. It's not my first eviction, I've had to do four of them. Two were settled before the hearing, one was a no show (I won). The other showed up in pajama p...
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My business partner and I expect to close on our first rental in a matter of weeks. To increase learning and cash flow, we want to self manage the property with some help from a home warranty company to handle mainten...
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Hi everyone,I'm trying to buy my first deal here in the States with an agency loan (Fannie Mae or Freddie Mac). It's a 30 unit apartment building in Oak Forest, IL (suburb of Chicago). 8% CAP, stabilized property.The ...
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We should make a separate account for the rental business but is it also recommended to get a separate credit card as well?If so any benefit of a business card over a personal card?If so what kind of payments would yo...
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I am a newbie and I am planning on investing in real state and starting fix and flip, and buy and hold. Currently I live in San Francisco, California. Any suggestions/recommendations on how to set up my LLC in Califor...
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I need some guidance to see how this can work. I understand using the "subject to" approach in regards to foreclosures or if the seller just wants completely out from his property. But how can one apply this creativ...
I'm starting on my journey as an REI and am hoping someone can help with the legal aspect:1) As I'm reading forums and accumulating everyone's "house hacking" ideas, there's been a conversation about Series LLC: one h...
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Hi BP,
I'm starting to look for an investment property and mainly focused on triplex for quadplexes. As this will be my first investment property and will mostly be tenant occupied when I purchase, I was wondering ...
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I am beginning down my journey through a partnership and I’ve heard many BP podcasts and have read people doing them, but not much detail on what it actually entails on paper. For example how does ownership reflect in...
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Does anyone take property pics with their cell phone as opposed to a digital camera?? or is that frowned upon in this establishment? lol. I plan to get a nice digital cam eventually but I'm not willing to take away...