Michael Huang
NNN Lease can I be the landlord and tenent both?
Hi everyone, I would like to buy a property, build for NNN lease but run the tenent business the sametime. I don't know if someone here has done something like that. What are the pros and cons? For example, if I have ...
Joshua D.
Rent or Flip this house
Purchase price with closing costs will be $26,000 we are working on the property now im thinking max will have 60k all into it can rent between $1000-1200 or sell between $100k-150k. 1200 sf house 3 beds, 2.5 baths w...
Chad W.
Florida LLC owned by single member Wyoming LLC - Is this safe?
If I have a Florida LLC owned by a single member Wyoming LLC, am I protected with charging order protecting through the Wyoming LLC. In other words will I be treated as an LLC and not a sole proprietorship?Unfortunate...
Account Closed
Paying off a loan early
About a year ago we took out a $2.6M loan for a commercial property. Things got really complicated with the deal and construction took much longer than anticipated. This, coupled with a reduction on the price of the p...
John Horner
Am I protected by an LLC if the mortgage is in my personal name?
I currently have 1 rental property but looking for 2 more in 2014. I have a conventional mortgage on my current rental. I was urged by my RE lawyer to start an LLC for this property for protection. I live 2 hour...
Diana Smith
Early Termination - Recourse Actions
I have a tenant in NV that gave 4 days notice and vacated 3 months early. I do have an early termination fee clause -which he did not pay. The place was left clean as we had a face to face as soon as he gave notice....
Bobby W Vanden III
Fort Worth Texas
Hey everyone! New to BP here in Fort Worth planting my first REI seeds. Looking to buy a single family home between 90-120k, preferably 3-2-2. FHA or conventional financing, I have 20k to invest and growing. I have a ...
Hannah Robinson
New Member Introduction
Hi everyone,
I just joined BP about a week ago after getting inspired reading a few books and decided I'd rather build wealth than spend my whole life in the rat race lol. I'm planning to start REI with a small mult...
Bob Milen
Refi - mom no income, don't want to co-sign
Hello all - I have enjoyed the wealth of knowledge associated with this website. I'm in an interesting situation and in need of a creative solution. My father owns a rental unit and a residential property. The rental ...
Erin L.
New member from Virginia Beach, VA
Just joined last week, what a great site! Duplex owner for 10 years, honestly came into it not really looking to be an "investor" but just as a way to get a foot in the door of homeownership cheaply. My spouse is...