Hi! I would appreciate suggestions about forming LLCs. I plan on doing most buy and hold investing. I will buy single family homes and rent them out.Should I form one big LLC for everything? Or should I form one LLC p...
My name is Nick and right now, I am currently living in a rental home. Upon moving in, I painted the walls and ceilings noticing discoloration. The previous tenant smoked in this home, and I am afraid that my health...
I was hoping to get thoughts from other BP members who may have experience in investing in crowdfunding type opportunities such as Realtyshares, Realtymogul, Fundthatflip, the Noteshop etc versus using fix and flip or...
Last summer, I spend more than 1.7K on AC repairs ( adding refrigerant gas, cleaning coil and ducts, and much more) that seems to go nowhere. The AC for my second floor STR is not able to cool the unit during the hot ...
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
Hi all!
My wife and I are getting ready to move from Rhode Island to Cleveland, Ohio in the coming months. We met while we were getting our teaching degrees, but nowadays she's at home with our two feisty (OH SO FE...
Hey, trying to get my head around the new REI tax laws and I've got a bunch of questions. I've looked into hiring a firm to help but they are thousands and thousands and I don't even know what I need until I get some...
I am going in on a 3-unit house with my investing partner, Mike, and we are trying to solidify an agreement for equity given what each of us is putting into the investment and the fact that we plan to split monthly ex...
Hey Everyone, I have a pretty general question about LLC's. I've read several articles weighing the pro's and con's but I'd love to see BP members thoughts on these questions. I've been advised to open an LLC for each...
Newbie here... Just like Mehran Kamari (podcast episode 72), I live in LA and would like to start investing in buy & hold rental properties, but the math simply doesn't seem to work here. I was born, raised and ha...