My sister and I just bought our first rental property together in Providence, RI! As we started going through the closing process a month ago, we began asking ourselves, "do we need to form an LLC?" The main concern ...
Hi all,I have three investment properties, single families, in Indiana currently in the process of being transferred into 3 separate LLC's by quit claim deed. As a result I need to redo the homeowners insurance in the...
Hi,We purchased our first foreclosed house a little over a month ago via auction. My son and son-in-law have been working on the house getting it ready to flip and are about halfway through renovations. The daughter...
Two years ago, my tenant's lease was ending and I gave her the proper notification (60 days notice) and wrote her explaining there was an move out inspection (at the time I didn't know you were only suppose to ask) an...
BP Pros,
Question for everyone that has been there, done that... I'm hoping maybe I can learn from your mistakes and/or gains!
We have 100K - 120K equity in our primary residence. Coming up with a down for a multi...
I am just starting out. I don’t own an investment properties yet. Every time I listen to BP and they are talking about having your LLC set up properly, come tax time, I never know what they are truly talking about. I’...
I created a real estate LLC a few years back. I am financially independent (still creating wealth and living purely with passive income). I am managing 6 properties currently, 4 of my own. 4 in Playa Del Carmen, Me...
Hello All, I have some questions regarding my LLC, liability, and insurance. I live in Florida and have an LLC with 3 free and clear rental properties deeded to it and have 5 financed rental properties in me and my wi...
Wondering what everyone's experience is starting an LLC or sCorp to purchase your investment properties under? I live in CA, and I am looking to purchase a STR in Big Bear, CA and a LTR outside of CA.
Would it be be...
Hi!I just joined bp hoping that I would get more info and help even before I start with REI.My husband and I work full time as a registered nurse in NY but we are both tired of living paycheck per paycheck.We got our ...