For those of you who's primary residency became a rental and the mortgage is still in your personal name, what are your thoughts on transferring the property to an LLC vs just having good insurance in place? Ideally i...
HelloSo I have a small mixed used property and two of the units are occupied by a restaurant. One is a small building with the actual restaurant and the other is just for additional storage. There is a shed like roo...
Hi BP community - I need to draw on your knowledge and experience again.
I am confused about the relevance of a lease guarantee in the lease agreement. If tenant goes out of business, he still owes rent for the r...
Hi everyone, I'm looking for some sage advice on the re-developement of commercial/industrial buildings for the purpose of re-zoning them into multi-family apartment buildings. Sort of the loft-style living. I have ex...
Hello, My wife and I recently opened a Series LLC as we plan on having more properties. I asked the banker if we will need to have a separate checking account for each of our properties but she didnt know. Any insi...
I am a Canadian real estate investor doing business with the United States but reside in Canada. I want to wire money from my United States business bank account to my attorney's trust account in the United States. My...
I was spitballing with a homebuyer with a particular itch, and we came up with an interesting proposed HML structure. I'll describe the scenario, the itch, and how we could in theory scratch it.SCENARIO: BRRRRrrrrrrrr...
Hey BP Gurus. There are about 4 townhouses that were burned down in 2011 in my neighborhood. The current list price on those burned shells is ~$165k. Get the heck outta here on that but does anyone have any advice ...
I reside in California and am organizing myself to invest out of state. I have several markets in mind, but I have not decided which state I will be investing in. I plan to create one or more LLC's in the investment...