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Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...
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Hello fellow BPs! As a new member this is my very first post on the forums; with many more to come I hope, I'd like to say hello!With all that I have been learning about multi-family rentals, I came across AirBnB and ...
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It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
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I was curious if any folks who flip houses in the north have considered incorporating solar panels and / or heat pump technologies such as geothermal or air-source in their rehabs. To install solar panels and a geoth...
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Hello BP,I need some advice and guidance. I'm an investor and live in the DC/MD area. I currently own 3 single family rentals and looking to increase my portfolio. The market i'm in is very saturated with investors, n...
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I don't want to do the leg-work flipping houses any longer, but I enjoy being in the game.I would like to setup a system where I would Joint Venture with an active flipper for a few projects each year. I am sure there...
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Assuming the apartment has been updated prior to the current tenant moving out it should take one week (max less than 2 weeks) to turn an apartment unit. When I say "turn" the degree I am am describing is new paint an...
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Context: I own a donut shop in a busy area in Denver. I acquired the business in January 2019 and the previous owner had a lease agreement through April 2021. Business is good, but my current lease is terribly one-sid...
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Hi everyone,I'm currently looking to purchase an owner occupied 4 plex in the salt lake area. The prices for your run of the mill 4 plex here are on average upwards of 300k with rents coming in around 700 - 750 or so...