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Hey everyone! I'm closing on my first property next week (finally!) and I've been advised by some friends to go the LLC route. It's a triplex, and I do plan on purchasing more in the near future. I guess my question i...
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I offered a 4 year lease which has 2 years left and now I’m trying to get out of it with the least of problems. The tenant is excellent, they pay on time and keep the house in a good condition, except that I suspect ...
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Hi All :-)
I have a question. I have been wholesaling for a few months now and I have only been assigning $3-$5k a deal. I now have a deal that I'm selling for $700k. How much should I make off of that? I ...
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Hello BP Family
I'm currently evaluating a deal where the property needs structural repairs.
People always advise against getting involved with structural work but I think I can gross about 2k a month in rental in...
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A few months ago my tenant e-mailed me and said "We've had 3 bats in the house in the past 2 weeks and this morning one was in our bed when we woke up." The went on to say that they got their rabies shots.5 days late...
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Hey BP,My name is Terrence I have been investing in real estate (rentals) for about 7 years. I love being a landlord but I would like to start wholesaling to help with my down payment to expand my portfolio. I been on...
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Hello all! Wanted to throw up a post concerning Environmental Site Assessments. I am a recently retired Army Engineer and licensed professional engineer. Over the course of the last 10 years I've performed dozens of P...
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Saw this on a post about tax liens in Lousiana?"In addition, after the tax sale, the Tax Purchaser must provide an additional written notice, to all of the Notice Parties, of the fact that the property has been sold t...
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I just recently purchased a duplex in York County Maine. I wanted to open an LLC in Maine, and am considering one in Wyoming. I am looking to purchase further properties in the area over the next several years. It a...
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My partner and i are planning to buy a property. We each have our own LLCs. I am wondering if we can fund the property with our LLCs 50:50? In other words, can a property be owned by two LLCs? This way we don't have ...