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My journey started 5 years ago as a retirement plan as I enjoyed my W2 and wanted to replace my current income after all my properties were paid off.Today we sit on 9 units between SFH and duplexes in Florida and Ohio...
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Just putting this out to the mean machine. What kinda of computer do you use, and when you decide to upgrade what are you going to buy?I have this crusty Sony VAIO from 2007 I think. She's running good, but I've never...
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Purchased $1M umbrella insurance for my duplex. It was very low cost $546. I am waiting on my approval for my LLC in Florida!
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We currently have three properties that we plan on transferring to our LLC.
The problem is, we just filed for our LLC here in Ohio with an effective date of 1-1-2015.
Does that mean I have to wait till the 1st to tr...
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Hi BP,
I just finished refinancing my 3-unit building in Chicago in which my wife and I live in one unit and rent out the other two. We purchased the property under our own names and our recent refi is a 30 year fixe...
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Hi all! Brand new into the real-estate investing world and could use some good advice. I currently own a 2 bd/2bath condo that I’m looking to rent out. Or should I say, I currently own a FHA MORTGAGE on a 2 bd/2bath c...
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Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...
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Hi all, I have a Wyoming Holding company and Arizona LLC created. I am open in escrow on an investment property that I'm doing with a Fannie Mae loan. I'd love to close with my name not on the title. I know land trust...
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I recently purchased a duplex with 2 2/1 units. I'm renovating the unoccupied unit. The bathroom has a heater and no fan or vent. I'm planning on replacing the small heater but I'm hoping to avoid running a vent to...
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I'm listening to a Podcast that has someone from Ridge Lending Group on there and it was said that as long as someone has a single member LLC that they own 100% (or if husband/wife each own 50% of multiple member LLC)...