Looking at buying my first single family rental. Do/should I set up a trust first, or buy the rental first, or set up an LLC then buy the rental, and then assign the trust as a member of the LLC? I'm eager and exited ...

As of late I've been trying to figure the best option to get going in rental properties. What follows is a hypothetical path that I'd like input on from people smarter and more seasoned than myself.I'm leaving a lot o...

Good Morning Everyone.  I am in the process of purchasing my first investment property.  I had paralysis for YEARS, but this now makes sense.  Its a small condo unit for short term vacation rentals, across the street ...

Just wondering what the consensus is on tenants who run a business from my rental. I think they should pay some percentage of rent since they are using a residence as a commercial entity. what do you think or have you...

I am curious how other investors would handle this situation.One of my renters car caught on fire in the driveway of a duplex.  The car burnt  completely up down to the frame!  There was some damage to my property.  I...

Hi Everyone - long time lurker here on BP but really am hoping to get y'alls perspectives on potentially investing in rent controlled cities like Oakland or Berkeley, CA. My gf and I are 1st time home buyers in the Ba...

Hello everyone,My name is Mark and I am a life-long Chicagoan. I come from a financial industry background, but am new to real estate investing and would like to start to get more involved in the industry. This post i...

I have heard getting an LLC and EIN to manage my first rental as a business was good. But an experienced friend just told me that it is actually better to get Umbrella Insurance because if set up as an LLC I can still...

We had a closing date of Dec 1st 2022. The buyer was "pre-approved" by this lender. They asked for a 3 week extension which was the first red flag. I amended the contract for a Dec 23rd closing. On the evening of the ...

I am a first time investor and I am wondering about moving my soon-to-be rental property into an LLC. Is this a good idea, why or why not?  I filed for an LLC along with my application for a business line of credit. I...