I have two single family homes that will be paid off in a few months. How can I utilize them to finance another property. What is the best way to set them up?
Hello BP! My name is Johann and I'm very excited to get into this. so a little info about me, I'm 19 and live in CA, I'm saving up money for my first property, which I expect to have around 30k by the end of the year ...
Good evening BP community. If one were looking at house hacking a multi family property, at what point should you set up the entities (LLC and a trust) ?The plan is to sell primary residence in order to have the equi...
I recently finished (and loved) @Scott Trench's Set For Life. One point that I wished to understood more about, and that was beyond the scope of the book, was switching to a scalable career. Scott defines a scalable c...
How would someone that wants to get started in real estate start a goal and outline a plan?How would someone who has even had experience in real estate start up a new goal and plan?
Hey guys,I'm about to close on my first property and the realization is finally starting to kick in. I need to get my stuff together.So I was wondering, for those who have one or many rental properties, how do you hav...
My partner and I live in Alabama. We’ve been given the opportunity to purchase the house we’re renting with seller financing. We need to take advantage of this now before we lose it. However, my partner has some c...
Looking to setup my Wyoming Holding LLC company. If I dont plan to operate any business in Wyoming, is a Tax ID necessary? Looking to outsource this service, and want to only have do things that I really need. I am th...
I have read here the multiple posts from the landlord concerned about tenant setting thermostat to the extreme causing excessive HVAC wear and tear. But I have not seen a post about the consequences to tenant's healt...
Hello, I just set up an LLC for my second investment property. I plan to put both properties into the 1 LLC since neither of them have much equity. Someone once mentioned that it is common practice to set up 2 diff...