Aaron Rouser
Seeking Advice on Entity Creation for Growing Portfolio
My wife and I own two properties in the Saint Paul, MN market - a SFR and a duplex - that are fully rented. We want to transfer both properties into LLCs, but we want to do so properly, and in such a way that sets us ...
Jamie C.
Mom in a pickle with charity's property
(posting this for a friend who’s not on BP)
Situation: My mom and dad have big hearts and made a nice gesture but unsound “personal finances” decision years ago. My mom runs a charity and to ensure the loan would be ...
Tom V.
Question for those who self manage your properties
I'm going to hold rental properties in my own name and manage myself, however I'm unsure about whether to manage the properties under my own name as well.I"m not interested in the LLC vs sole proprietor debate please....
Milind Shastri
Requirements to convert a garage to a bedroom
Hello all,I've got a fixer-upper under contract in a C-class neighborhood of Dallas (for those who are familiar, it's the Cedar Crest neighborhood). It has a garage that is already converted to a bedroom but it's not...
Scott Egbert
How do I MIRROR a Loan for a "Subject 2" Deal ??????? HELP :)
I've have a couple "Subject 2" deals I want to close on but I don't want to over pay. For example. One seller is willing to let me take over payments. He has 22 years left on his mortgage. So I don't want to write...
Rocky Griffin
Vetting a Hard Money lender...
How do I go about vetting a local hard money lender? I want to be fair and pay the lender for their services, however I want to ensure my assets are protected.
Monte Blunk
Asset protection question
I have been trying to learn about asset protection and have been talking to Anderson Advisors in NV and another lawyer in ID about setting up a structure for our multifamily complexes here in Utah. Both of them are sa...
Jeff Low
My tenant in California just told me that he can’t make rent
My tenant in California just told me that he can’t make rent next month due to the Covid19 pandemic. I don’t have a mortgage but need the money for my living expenses. What options I have?
Jeff Costa
Why is there no alternative to Paperstac?
Brett Burky's contributions to Paperstac and the educational content he produces are are unquestionably valuable. That said, it's surprising to see a lack of diverse competition in this space. In the real estate SFH m...
Patsy Waldron
Two small multifamily or one bigger one?
I am starting to look into properties to buy, and have a question for those who have already gone down this road: is it better to buy two small multi-family (say, duplexes) or one larger one (say, 4-6 units)? What are...