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I have 6 rental properties & have been advised by an attorney group to open 6 separate LLC's . All the deeds will be transferred into the LLC's . This is causing absolute chaos for me now with my insurance compa...
Hello,I'm starting out in real estate and have been considering doing a house hack in a multi-family unit. However, the more I learn about real estate the worse this idea seems. My understanding is that the golden sta...
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Bought the most inexpensive Single Fam in my area. Literally, the cheapest SF in this particular section of Mass! Purchased a 2 bedroom home (600+ sq ft) for less than $100,000 in a nice town. Interest rate is 4% for ...
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Good evening,
I am brand new to real estate investing and am looking to buy a single family home in Saint Louis Park to hold onto and rent out. I am looking at this area for a few reasons. My sister lives in Minneapo...
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Hello Phoenix BP, I am looking into house hacking in the next 6-8 months in Phoenix. I have some understanding of the area, but not a lot. After reading the forums, I am reading that it is hard to find Multi-family pr...
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Hello, I am new at this but here goes my question. I have an opportunity to buy in a developing resort in Mexico. I am Mexican so I qualify to get a loan there. Here is what I know. the property on pre-sale is 309,000...
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Hi all, My name is Eric, and my wife and I have recently made our first purchase back in November; 2 different 3-plexes in our hometown in Wisconsin that were both for sale by the same owner. Truth be told, we didn't ...
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Hi everyone,I'm just starting out in real estate (though I've been self-educating on BP for a year!), and thought you might offer some advice. If I'm in the wrong forum, please redirect me.I recently purchased a 1920s...
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My property is a single family home that was converted into a duplex. Because of this, the property has one gas water heater. Recently, the city of Wilmington inspected my property. They said that because my home has ...
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Hi all,
First post after lurking for a while. Close to approving a well qualified applicant for my second rental property. She has two children over the age of 18 living with her who have not filled out an app yet. I...