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So I just got turned down for a construction loan from a local community bank for a spec medical office project that I am planning to build. I have the site under contract and all of the numbers work. I have a several...
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So considering a major life move :). I'm new at this STVR biz (about 2 years) but feel I have a good handle on what it takes to make money in this space managing our 2 properties on our own. As we continue to build...
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My partner and I are unmarried, own some rental properties together, and want to set up asset protection. Deeds are currently in our personal names and we do not file taxes together since we are unmarried. We have sev...
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Hi, I am a newbie and this is my first potential deal that I am in. I randomly found a house on realtor.com, sent a request for more info in and a realtor called me, showed me a property in "B" neighborhood; i.e. ni...
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Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...
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I have learned a ton on BP and I completely agree with the notion of not paying the gurus to teach you stuff they may or may not be doing. However, is it ever a good idea to spend money on some training or to get acce...
Great news, I just confirmed my first vacation rental and they'll be staying for one month! What are the differences when dealing with longer stay STRs? For instance, do I ask this person to take out the trash on tras...
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Dear Community,
I recently purchased a house at auction in Tacoma, WA. The property includes a small house with a detached garage, offering significant potential. However, a challenging situation has arisen: the prev...
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Hello BP Friends! I'm ready to look at starting an LLC for my properties, but I've heard mixed advice about their necessity and benefits. I would be starting the LLC as a disregarded entity and reporting my profit/los...
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Hi fellow investors I have a question for anyone familiar with creative financing. What would be the best way to reach a seller with your offers when an agent or broker won't pass your offers on to the seller they are...