Hi all, My husband/business partner and I own 3 rental properties in NC. We're getting ready to invest in another property and wanted to know if we should consider setting up an LLC now. Some places have said to set u...
I'm a new investor with one property in my portfolio so far. I want to invest in another property and so have been really crunching numbers and analyzing my last investment. Honestly, I'm feeling a bit confused about ...
Hello, I am looking to purchase rental that will finally reside under LLC and will be using bank financing. What stage of the process(before going in contract, between contract and closing or after closing) is optimal...
"Aluminum wires is in the electrical panel. It is not a hazard, but insurance may not insure with aluminum wiring present". This is the panel in the laundry room with water heater and lots lines.This is the #1 issue f...
I am planning to buy a house with just about every dime I have saved. I may rely on the 5k in credit cards I have as a safety net. I know it seems risky but the homes at my maximum budget will likely produce the highe...
Hey BP friends,I'm putting together an excel sheet to calculate potential rental property deals and wanted to ask for some insight/criticism/refining regarding my monthly expenses.So far I have the following:Mortgage:...
I own a duplex in MN and have been receiving a number of inquiries to rent my open unit from businesses that would like to use the unit for their senior care / assisted living businesses. Does anyone have any experien...
I'm in talks to purchase a townhome as an investment to be used as a rental. This complex have an $218 HOA fee that includes water, sewer, cable, lawn care, Ext. insurance. So what is the best way to structure this? I...
I am new to blogging! don't destroy me! Please be honest.
I have found some apartments that are selling for $43,900. These are located near a university with 13,000 students and will continue to grow accordin...
Hello all! I am currently in El Paso, TX. I will be moving in about 1.5 year and would like to buy at least 1 or two more properties before then. I am in the process of trying to locate a single family home right now ...