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Results (1903)
Danielle Cage Creating an LLC - use my CPA or diy?
13 November 2015 | 32 replies

Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...

Oleg Enik Reaching out to mortgage brokers/lenders as a 20 y/o
14 February 2020 | 60 replies

Hi BP community!
After educating myself for some time, I’ve been making baby steps in developing my plan and strategy to purchase my 1st property.
I recently spoke with an investor friendly real estate agent and he ...

Alberto Nikodimov What is a fair percantage in this partnership?
21 May 2021 | 54 replies

Hi Everyone!I have an investor who has been investing with me for a long time and he now wants to partner. We have an amazing track record with the investment properties he purchased through me as an agent and we are ...

N/A N/A Where to Invest Next?
26 July 2007 | 29 replies

We are buy and hold investors...invested in Las Vegas, 5 homes, before the boom and pop, and are holding the homes as they are positive cash flow. Next, we discovered a suburb of Houston, TX with newer homes, masterp...

Joshua Dorkin How will the iPad Change the Real Estate Business?
18 October 2011 | 60 replies

After talking with quite a few people and after reading some interesting reviews, it seems that the iPad could be a real game changer for the real estate business (and many others). With that in mind, I thought we co...

Account Closed How far below market do you keep a good long term tenant's rent?
3 February 2015 | 48 replies

I have kept rent very low on one of my units because it needed work. I'm getting work done now and would like to bring it closer to market. I'd love feedback on the following:Tenant has been great for 15 years. His ...

Venky B. Dangers of buying homes built in 1900
25 February 2022 | 44 replies

I am looking at a home built in 1900 for buy and hold. I would like to know, what are the dangers of buying a home that was built that old. The home looks in good condition. One thing I observed is that the steps of t...

Wade Sikkink Examples of Real World Negotiating Techniques
14 November 2017 | 49 replies

Sometimes people struggle with how to employ negotiating tactics that they read about in real world situations.  The BP community has probably collectively negotiated more real estate deals than any other group in the...

Martin Neal My First BRRRR: Success or Failure?? LOTS of Details and Pics
9 April 2019 | 73 replies

Prepare yourself: this is a long post. I wrote this post for any newbies and for anyone with questions about the BRRRR process. I also wrote this to let you know about me and my process. Born and raised in Chicago Ill...

Jacob Walls Need help naming LLC
7 August 2019 | 93 replies

I’m in the process of buying my first duplex to house hack. I plan to buy more income properties in the future and it seems like it’s the best idea to start a LLC after discussing with my accountant. Is there is namin...