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We have a double the we just finished renovations on and were planning on providing central ac for the tenants. My hvac guy thought the cost would be around 3,500 for both sides. But now the cost is closer to 6k. We t...
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Hi BP,I'm looking into some turnkey company in Virginia, Maryland, South Carolina, Colorado and other growing areas. Do you have any referrals that I can look into?Sincerely,Han
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How do you get around this government implemented hurdle?
I have recently started a solo401k, so I have 83,000 sitting there that I would like to invest. I would like to use one of the online platforms like crowdstre...
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i am hearing that many park owners are eliminating seller financing of homes. However, they are offering rent credits that the buyer can eventually use to buy their home or any other availabke home in the park. T...
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Hi All!I'm about to close on my first property, a 4plex in Pittsburgh, Pa. Due to better mortgage rates I chose a conventional residential mortgage over commercial. Since the property will be in my name, not my LLC, s...
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I’ve officially closed my first deal today and now I’m sitting here with a check for $14,500 and I’m honestly lost on What should I do next?? Obviously I’m not going to go out and make any lavish purchases but I do w...
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I'm Alan, and I'm here because of a series of events. I bought my first house to be a rental when I moved out. The town's population and housing demand plummeted, and it turned out to be a bad investment. I got a b...
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I received advice about starting an LLC for every property I buy. I understand it's to protect me from liability and such, but is worth going through the process for each property?Would it be a better idea to start an...
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Hey BP,
I wanted to ask the BP community a question regarding the difference between a real estate holding company and an REIT.
I've researched REITs and what the legal requirements are in order to be c...
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Just curious, when you examine a mult-family/apartment deal, how do you allocate what the fair value of your purchase should be? In one of my accounting classes in graduate school, we are learning about fair value mea...