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I am in the process of buying a small MHP consisting of nine lots with eight of those lots having trailers on them that will be purchased with the park. I am not finding a clear answer on how those homes will be depre...
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I am bidding on a $230K market price property, where I will probably add $20K of equity thereafter in form of upgrades. the land is appraised at $100KI by tax man. This will be a rental property.
I solicited quot...
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Hi BP,I've been reading through the site and looking at different tips from you all (thanks btw). I, however, haven't found a thread on what to include in my direct mail letter. I am ready to begin sending out letters...
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What goals did you set for yourself to achieve before quitting your W2 job? What's your journey to time freedom and financial independence look like?
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There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
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I have investor clients tell me about their giant lines of credit available for cash purchases... in your experience, are these relationships with local banks? private money?
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Question at the bottom if you hate long posts, lol.
So literally 30 minutes ago, my neighbor who lives across the street told me she wants to rent my home. We are moving this weekend and planned to lease through a P...
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Good morning everyone!First time poster and newbie real estate investor here. We currently have two single family STR in Michigan- we own one with my brother-in-law and his wife, and the other is owned by an LLC that...
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I have a seasonal Lakehouse rental, have been using a PM company the last couple years, as I live across the country from my rental, but have never had renters insurance. Nor have I ever thought about it. I am switc...
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I just took over a property about a month ago and the tenant who currently is on the lease has her husband and daughter staying there and they are over 18. She changed the locks without my consent. Now she's planning ...