I'd love to learn what everyone's strategy (or detailed steps) to pull a property under your personal name into an LLC. What do you do if the property has a mortgage with "due on sale" clause? What about the property...
Dear BP family,I have two prospective tenants.A tenant A is a market tenant (not Section 8) has 600 credit score, makes 2.5 times the monthly rent but has $8000 outstanding debts.A tenant B is a section 8 tenant, has ...
What types of investors choose SFR's in expensive markets? I understand the appreciation is a great upside but isn't having negative cash flow for a few years because the rents dont cover the loans very risky / a huge...
Whenever I've bought residential in CA it has so far always been buyer's choice of escrow company.So I was surprised when submitting offer on my first commercial last week, that listing broker informed that with Comme...
Hi,
Does anyone here have experience rolling over funds from their 403(b) retirement account into a self-directed IRA?
Thank you
I'm 60 years old. I've worked a W-2 job for close to 40 years. I have saved thru my 401K at work and even will receive a pension (or lump sum) when I retire. Starting in March 2018, I will be retired from the W-2...
Hi so I'm looking to buy a my first investment property soon. I am looking for a duplex or small multifamily I've been leaning towards the house hacking/ BRRR method but everything is so expensive in my area. houses a...
Hi guys,
I'm looking to buy a SFR out of state. I found a nice cash flowing property in Westwood, Cincinnati, OH. The catch is that is section 8, CMHA housing with a month-to-month tenant. I've read online that annu...
Hi BP,I am very new to entity world here. However, I have recently been looking into asset protection for our rental properties. Two companies came up 1) Andreson Advisors 2) Royal Legal Solutions. Anderson set up a h...
I often hear investors say that out-of-state turnkey deals aren’t great because they are often at (or above) retail pricing, and you “make your money when you buy”. That being said, assuming the numbers work for you ...