Stephanie B.
House flipping profit issue
Just to explain briefly, just sold a house in June that was flipped with a joint venture partner. His main responsibility in the project was financial while mine was project management and more hands on. Long story sh...
Jesse Anderson
LLC Structure Before First Flip
Good morning! I was reading through several posts and thought it best to find expert advice in regards to LLC structure and taking on investors for flipping projects. I am just starting out in Jacksonville, FL and hop...
Weng L.
The community has only 2 units. Is HOA required?
I am buying a new construction duplex from a builder. However, each unit of this duplex has its own property ID (aka parcel ID or folio ID), so they are 2 properties technically, and they are called "condo" in the cou...
Marc M.
Private Reverse Mortgage / Lifetime Lease
My neighbor, a 68 year-old guy with no family or kids, started a renovation of his house and never finished it. The property is located 2 blocks from the beach in Santa Monica, needless to say it's worth a lot...even ...
Jeremy Krueger
Single Family House Hack Roommate Approach
Hi everyone, I’m looking to buy my first house hack in St. Louis, MO and was originally only looking at duplexes, but seeing as the area I want to be in seems to have more options in the price I’m looking at for singl...
Hongmei Zhang
Real Estate Property LLC and Tax Preparation
My first post, so please bear with me. I have a rental property in Texas. I set up a LLC last year but yet to deed the property to the LLC. I've set up a bank account for the LLC and started using the LLC bank account...
Thomas Jones
Convict moves in unannounced....
So I have my first floor tenants who give me lots of problems. I am owner occupied 4 family and I live on the top. I have had to install 4 security cameras because of him. He has generally 25 people in and out of his ...
Ryan McGrath
BRRRR analysis in Massachusetts
Hello BP community! I’m fairly new to investing and pursuing deals using the BRRRR method. I found what I think is a good deal and was hoping to get some feedback from the community.It’s a single family home in MA loc...
Xavier Karikitan
Four rookies wondering to LLC or not to LLC
I'm one of four rookies who decided to pool our resources together and get into Real Estate Investing. We're a group of friends who trust each other and want to keep our friendship and business relationships intact. W...
Martin Fields
Transfer property to LLC
Hi everyone, I am getting ready to close on my first investment property and looking for some advice on how to transfer the property into an LLC. Since this is my first property, I will be getting a personal loan at 1...