Hi, a family member and I are considering investing in our first investment property. I've read that forming an LLC to purchase the property is a good way to protect ourselves from liability. However, I also underst...
How many of you investors that invest in c and d areas are blown away by how many folks in the area are on disability ? I guess I always knew there was a lot of people in these are with Mental issues and that fraud w...
Can anyone explain how purchasing real estate with your ira(or roth ira) works?
Hi BP! I'm attempting to solve a challenge. Currently we have 20 units, all needing mowing/lawncare.Currently I have about 6 companies handling this because the units are spread throughout the Chicago suburbs. Althoug...
This property is our personal former home and I list it by myself as a realtor.
One new headache needs experienced landlords help: one potential has good income, meet the criteria of credit score (close to 680) and m...
Hi BP Community. I have been a long-time “lurker” and now am a first-time poster. I own a SF rental in Northwest IN (former primary residence). First time renting this property.Property has been advertised on Craig...
So I am wondering if this is a legitimate asset protection strategy and would highly value any mortgage lenders or attorneys opinions. I haven't heard this discussed before.My wife and I own several properties. I ha...
So, I was listening to the BP podcast and the subject of how to do background checks on your renters came up. I was wondering, how exactly would or should you turn down a tenant that has bad rental history so to avoid...
I found a house that an heir is really motivated to sell, but is in probate. I think I've heard that houses often can get sold before the probate is over. How do I go about this deal? His family also owns houses in ot...
As my wife and I research options for our first short-term vacation rental property, we are looking very closely into local regulations in each of the markets/destinations we are interested in. What happens if you hav...