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I am a beginner and in the process of creating my business plan. When creating an LLC, will I need to create an individual LLC for each rental property? (I do not currently have rental property, but am getting my duck...
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I have a 1930 3/1 in Cleveland which has a basement with water issues which has been my nemesis for the past 2 years. Last year had to dig up the sewer line in basement as there was a cracked line. Made the repair and...
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Hey all!I am putting an offer on my first rental place/first house in general! After looking at the records I found that the property has wrong information listed on the County Property Appraiser website. The propert...
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Hey BP family,
I’m currently house hacking my home in Walnut Creek, CA and have standard insurance that doesn’t cover liability in the event that something happens to my tenants. I live in the attached ADU while a co...
Hello BP!
After a few years of house hacking, I am now gearing up to purchase an out of state (multifamily) investment property (sole proprietor at this stage).Apart from insurance to cover property damage, I plan to...
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Hey guys,
I am contemplating buying a second home to use for my family as well as a vacation rental property. Ideally the property would be a multi unit located in Ventnor, NJ.
The only way I would be willing to do ...
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Hi there! I was wondering whether rookies (like myself) decide to buy their first property with an LLC. From my research, it looks like getting financing is more difficult under an LLC vs a personal loan. My worry is ...
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I've read up on a bunch of posts about insurance for flips but most of the answers were very specific to the individuals situation and I wasn't able to find the info I was looking for.I'm going to be buying my first f...
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Hello Everyone,
So I recently came across a 9 units complex that is completely rented and grosses $4900 per month. The owner is selling all his properties to retire and this is just one of his now. I have listed th...
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Looking for some second position lenders but I have not had much luck on google. Does anyone have any suggestions on how to find lenders that will accept second position?