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Hello BP. Is it a good practice to place each investment property under a separate llc? I think its a good idea for fix and flips but i dont know how its useful in buy and holds . Any advice is greatly appreciated
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I'd appreciate some input. Some initial rambling: I have a detached garage on my duplex rental property that I've not yet rented out -- so far I've been using it for rehab staging/storage. It's a small 2-car with 2 ...
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Hey guys I'm running the numbers on a new triplex I put in an offer on the other day and they currently have oil heat which I'd be responsible for paying for. Based on the numbers I have it costs about 2400 a year or ...
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Im gutting a Mid to low income area single fam home with an accessory Apt. It will need a new HVAC system. It previously had a forced hot air w/oil furnace. There’s no gas in the street. I want to keep the heat separa...
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Hi BPI am future planning.I kinda know about 1031 exchange but never done one, b.c #1 timing and #2 not cost effective at the time------I bought a duplex that has 2 separate deeds, I am currently rehabbing and hopeful...
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Has anyone had any luck renting out a storage for one of your rentals separately from the rental itself? My condo has a small storage space that is physically separated from the condo; I think it would rent for an add...
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Greetings,I am separating from Active Duty w/in 6 months. I am trying to buy a home & I have been pre-approved but the lender says that I will not be approved unless I show that I am either going to re-enlist or h...
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Hello BP community,Not sure if this is the correct forum, but figured I would ask.I currently live in a SFH with finished basement with a separate entrance and bathroom. I want to add a small kitchen to it and rent bo...
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Hi everyone, I own two rentals in my personal name. My wife and I file married separately due to her student loans. Her loans are repaid based off her income and her loans are forgiven in 10 years due to the non-pro...
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Working on this transaction with my buyer client! (note that he is a contractor and engineer, so his costs will be much less). This is just an example of what some of my clients are doing, and I wonder who would be in...