Hey BP fam!I am putting together my business plan and trying to determine how I am going to hold my properties.Is it better to have them tied to a Trust, LLC, or Inc. ? I was going through the forum this morning as I ...
Financed my first STR to get 90% loan, so property is in my name (not owned by LLC).Any benefits to leasing personally held vacation home to my own LLC, to help keep business expenses separate from personal & long...
I’ve been landlording for 10 years and have acquired a number of properties in that period of time. Recently I’ve had some family, friends and business partners approach me about investing together with the plan for ...
Grandfather owns trust, is trustee and beneficiary of trust. Grandfather loan son and daughter-in-law cash June 1994. Security for cash loan was Deed to land. July 1996, son passes. Daughter-in-law had right of surviv...
I don't like the term wholesaling (even though its what I do). What would be a better name for a "wholesaler"? I like Real Estate Marketer. What do yall think?
Hi BP CommunityI am moving and would like to keep my current house and convert it to a rental; however, I need to pull some equity out of the house for the down payment on my new house. The home is worth $1.3mm today,...
Bought the house in 2020 and have lived in since. Up to date on payments. Have lived in house since 2020. Conventional fixed rate mortgage which was sold to Fannie Mae shortly after originating. Wanting to turn into r...
As an investor how do you go about analyzing your deals and what makes a good deal to you.
I believe that Tenants have the right to keep and bear arms. Is it appropriate as a landlord to mandate that a tenant have insurance such as LawShield, USCCA or AOR and to provide proof of such?
In a recent thread of mine, I posted about a rehab deal I had to wholesale. It was suggested that in my thread, I poured on the "sales pitch" too hard and as such, it was suggested that the lack of responses or people...