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I have heard getting an LLC and EIN to manage my first rental as a business was good. But an experienced friend just told me that it is actually better to get Umbrella Insurance because if set up as an LLC I can still...
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Hello everyone,I am currently looking at buying land in Maine (near Bangor) to use not only as a personal vacation spot (to get out of NYC for once), but also as a vacation rental for when I build on the land. I was w...
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Good morning nation,
This may have been answered before but I have a unique caveat in which I don't believe has been addressed.
I recently purchased a 4-plex (in my name) using my VA loan. It is financed at 3%. Due ...
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I'm looking to invest in my first property. One SFH I liked today has some foundation issues. I'm not sure of the extent yet but I have a foundation company coming to quote it tomorrow. I don't have it under contract ...
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In looking at a bank owned REOs, courthouse steps or online auctions like auction.com, HUD, etc, or just wanting to understand basic REI principles, please provide some insight and correct me if I am wrong so far.
1...
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Hello, it seems like there are people still developing in this market. From what I'm hearing they are doing a lot of senior housing and apartments. How does one who has experience in rehabbing houses, but none in de...
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This situation really has me peeved. I'm trying to look at both sides of the coin, but Russia is really seeming to take things too far in their aggression. It seems like they are just trying to flex their muscles to...
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I just made my first REI deal today! I bought a house at trustee's sale (courthouse steps). The owner passed away early 2016. I'm guessing there is still considerable personal property in the home. What does the law s...
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I come to my fellow BPer's for some knowledge about a property. Thanks much in advance to anyone taking the time to review this.
My wife and I have come into a property in NC that her parents have the deed o...
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I am finding that you get more for your money in Fort Wayne, South Bend, Goshen, etc. Why are more people not investing in these smaller cities?I am keeping an eye out for a live in duplex in all of the cities of Indi...