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Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
So I have this property in a D neighborhood (Ybor city, Tampa) and I have a management company managing it. The tenant paid the first and second months promptly, the third was late and the forth which was supposed to ...
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I have a townhouse I am renting. I gave my tenant almost a week’s notice to have someone come in and check the HVAC for maintainence for the upcoming winter season. This tenant is very hard to accommodate because of...
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Hello BP! I need some consolation, wisdom, and maybe pizza.My dad just completed his first flip. After all was said and done, he lost over $3k. We're not white collar people, so $3k is a lot to us. I tried telling him...
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Howdy, wanted to ask the advice of the community here in discovering when the correct time to diversify is as far as real estate investing goes. I'm financially prepared to purchase properties 3 + 4 as things stand (I...
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Hi BP colleagues!I'm relocating to Baltimore from Los Angeles in June/July and I found a triplex online that I've fallen for. It is:
in the exact neighborhood I want
in the sweet spot of my price range
the first-floor...
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My first property is in escrow and I'm trying to get ready to evaluate applicants. I want to have a full set of standards before I start evaluating applicants that way I can prove I used the same qualifications for ev...
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Hi everyone, I have been focusing on flipping short sales for the past couple of years. I recently came across an investor that was buying the note instead of doing the short sale to get around seasoning issues. I j...
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Hey everyone!
Another post recently unveiled a lot of interest from folks around Los Angeles (Orange County, Long Beach, anywhere...) who are interested, or potentially interested, in investing out-of-state...
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My husband and I just finished up the renovation of our first investment property, which we'll be using as a rental. Our dilemma is choosing between two couples we met today. Please help us!!! Keep in mind, this ho...