Hello BP,I have finally started taking big action and not trying to have the whole process figured out before moving. I have just gone under contract on my first investment property, and will be flipping it. I have ...
Unfortunately one of my tenants defaulted in March'24. She paid rent till February using one of the rent collection platform that I have been using. Last week she recalled the February month rent saying that she didn'...
I am so glad I found this forum. I am new to investing in real estate and found out about REOs from a neighbor who is paid by banks to get them into selling condition if need be.
I have been searching for REOs in ...
Hey BP Community. Looking for some input. I have 16 units on one block in a downtown market. None of my units have washer or dryers so they all go to laundromats close by. I am wondering what I could expect to bri...
Hey BP Community,Question for the commercial multifamily investors out there. What type of insurance coverage are you using to protect your asset? What should I be looking for in a good insurance policy for a small co...
I am based out of Wisconsin and have recently started to invest into realestate. Seeing as how I have background in construction, I obtained my pre-dwelling contractor license and am looking to get fully licensed in a...
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
Hi BPers, I have a dilemma. I'd love to put more time into Real Estate, farming my area for deals, but my job is giving our unlimited overtime right now. And with a baby on the way the extra $$ is useful. Every time I...
Each of my rental properties is held by its own LLC, and each LLC is owned by a holding company that sits at the top (which is owned by me). Each LLC needs its own bank account, but as I scale, I am looking for a bett...
I'm looking for my first house and plan on renting out the extra bedroom part of the time - airbnb or traveling medical professionals mainly. Should I consider setting up an LLC and titling the property in its name? T...