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I am doing two "Tier 1" rehabs. In one rehab, we are putting in engineered wood oak floors. It is a two story structure, and I'm not sure why, but it feels weird to me to put wood on the 2nd floor. So I went with t...
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BP's How to Be A Landlord: Top Ten Tips for Success, states to Create a Policy & Stick to it.Does anyone know where I can get a generic Policy/Handbook/ Standard Operating Procedures for tenants, and then customi...
Hey BP community, thanks for openly sharing so much knowledge and experience! I've learned so much.Just finished my 1st live-in flip… that I stayed in for 5 years because I loved it. I bought the house in 2012. It ...
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Can I create an "operating LLC," keep the house in my personal name AND still be protected? I ask because I just purchased a property in Austin, TX. In TX, we don't pay income tax. We pay property tax. To protect home...
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Just getting started in the flipping business with a partner. We’re both coming from traveling jobs so we are used to going wherever the wind takes us. We are willing to go wherever the market is right and are wonderi...
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Hey guys, interesting situation here. We just got some properties under a master lease option. We paid the lease option down payment and are taking over operation. We structured the contract in such that we realize th...
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Has anyone had investing education before starting out? If so....what classes did you take.
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Hi BP!Looking to buy my first property and wondering how my situation might shake out, google has not been helpful.My boyfriend bought his house FHA four years ago. If we were to get married, would I still be able to ...
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Last Spring we purchased a single family home in Sandy, Oregon that said "Cash or rehab loan only" in the private remarks of the RMLS. After going and checking it out, I realized I thought it had a good chance at gett...
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Hi everyone!
I am currently in the process of acquiring a property. I am having an issue obtaining title insurance. This property had several liens on it in the past,all very small amounts here and there. I do under...