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Need advice on partnering deal
Sorry this isn't directly related to RE, but I know there's folks on here that will have some good insites on my situation. An opportunity recently presented itself to partner with another couple to open a restaurant ...
Alexander M Stanton
Renting by the Room in New Hampshire
Hey BP Fam! I'm in the process of buying a student rental in New Hampshire, and I'm just trying to make sure I don't get caught holding the bag on a bad deal. Right now, it's a 2% deal because it's being rented by the...
Logan Ingram
How to Structure an Equity sale in a new RV Park
Evening. I have been pouring over my numbers for over a year now and have it as dialed as I can get it. Its time to pull the trigger but I am not sure on the direction I want to go right this second. I own the propert...
Peter Kopchik
Dealing with hoarding tenants
I have a 2 family house, I live on 1st floor and have tenants on 2nd floor. They have a lot of stuff borderline hoarders. It started small but they keep accumulating more stuff on their porch, their stairs and the pat...
Duane Alexander
Are most out of state investors using turnkey companies?
Or is there another way? I've read on the forums that doing a rehab from out of state is not recommended because overseeing a rehab project invites a lot of issues. Does that mean that most people investing from out o...
Ramon Contreras
flip mobile homes
I like to know if there anyway, to rehab a mobile home and make a quick profit out the rehab, does that works same as a normal houses, what aspects do you have to look for before I buy a mobile home and make a profi...
Marissa Contreras
Do you hold your properties in an LLC and if so, where and why?
Anyone have any opinions about what state to create an LLC in to hold investment properties? I have multiple properties in different states but I hear different opinions on where to open the LLC. I'm in CA so I'm cons...
Mike H.
Struggling between 2 rental applicants
We own 2 duplexes and have been landlords since 2009. We are just completing a major renovation of our second duplex, which we picked up at auction in the fall. We have executed leases and secured deposits on one of...
William C.
$10k in water damage caused by tenant. Advice on how to handle.
We own a SFH long-term rental. We self-manage. We have good tenants in there entering year 2 of a 2 year lease. One of the tenants hung a picture on a wall, puncturing a water pipe. There was a leak and about $10k in ...
Aaron Montgomery
Questions to ask CPA/Lawyer
Hello everyone, and thanks in advance for your answers!My wife and I are just getting started in REI, and want to make sure we are off to a solid start. We’re planning to form an LLC, taxed as an S-Corp. to that end, ...