Mark Vandzura
LLC in different states
I have several rental properties in my home state of NJ, all owned in a NJ LLC. I’m wondering, if I buy out of state should I set up an LLC in the states where properties are located?
Joshua Dorkin
How Do You Scan, Manage and Organize Your Reciepts & Paperwork?
Just curious as to the tools and organization system different people are using to manage their receipts and paperwork. Admittedly, I'm still using old-school methods of organizing actual paper instead of scanning, s...
Alexander Babbie
Sell or rent out my house?
Hello all,My wife and I bought a house in Plattsburgh, NY about two years ago. The house is a 2400 sq foot, 3 bed, 3 bath, big pool and hot tub. Since we bought the house, I have put about $15,000 into it, as I have...
Frank J.
Lead me in the right direction
I own properties in and around the midlands of SC. I have a Property Management Company in place; however we only manage what we own. I have a full time property manager/office location and I am in and out of the...
Jessica Beard
LLC for out of state rental properties?
Hi All,I have been pre-approved for my first investment property. I have set up a weekend with a real estate agent in Cleveland to look at some small multifamily properties (2-4 units) and hopefully I will find someth...
Alec Khlebopros
How to chose location and buy correctly in STR market
With everyone and their mother buying up STRs, what is the proper way to assess the asset without overpaying for it. Numbers from 2021 and 2022 net income will be more difficult to get going forward with increased su...
Nick Jacaruso
AirBnB????
Hello fellow BPs! As a new member this is my very first post on the forums; with many more to come I hope, I'd like to say hello!With all that I have been learning about multi-family rentals, I came across AirBnB and ...
Richard Lovering
tenant eviction as part of a deal?
Howdy BP folks! Under contract for what will hopefully be our first multi-family property in Manchester, NH. It's 3 level 6 unit. We'd ideally like to take the first floor (3b, 1b) and convert it into two 2bd units. T...
Nick Frey
1031 in less than a year (short term capital gains)
Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
Lesley Resnick
Anyone making money with AIRBNB
Greetings BPI have been looking at AIRBNB. Has anyone been able to scale an AIRBNB business? There has been a lot of chatter on BP about it. I am interested in hearing from anyone whose is doing it in scale and mak...