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Should I make an LLC before I purchase my first rental property? If so, which state is best to keep my name anonymous? I know some states are better than others for this. I am living in California and plan to invest o...
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Wondering if anyone has converted their multimember LLC down to a sole member LLC and what the process is, all I have found on it is to fill out form 8832. Also, I won't do any buisness this year through my LLC so wi...
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Hi everyone - I’m currently looking into buying my first rental property, which will be out of state in the Cleveland, Ohio area.As I look into potential properties, does anyone have any suggestions on how to setup my...
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Hello BP Fam,One of my SFH caught on fire and I'm in the process of selling it to a contractor. Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fir...
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Hi All, Is there such a thing as doing a 1031 exchange or a small business. For example if I sold my business then used the proceeds to acquire another one or several?
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Newly built (2024) duplex in Boiling Springs, SC. List price: 445,000.DP: 89,000
Closing: 8900
Total Invest: 97,900
Projected mortgage: 2500
Rent: 1700 per unit, 3400 total
Taxes: 42
Insur: 263
CapEx: 100Repair...
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Hi! My family and I are about to move in to a house hack! It is a 4-Unit property where we are living in one unit and renting out the other three. We were able to get into it with a 5% down primary residence loan. I’v...
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Hello BP family, I currently own a fourplex in Lacey, Washington and I am looking for advice on whether to hold or sell. Here's a breakdown that may help paint the picture, thanks in advance! Short term goals: Accumul...
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I'm sure this question has been asked 1000 times on this site at this point, but I'm wondering if anyone has some market specific insight for the Pittsburgh Area.
I'm trying to run some comps on a single family home ...
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I'll be moving in June and hoping to house hack and then turn into a rental. Lots of neighborhoods, hoping someone can lend a hand with personal experience.