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Hi, I have a friend who owns a house outright and uses it as an airbnb. She manages the property by herself and it's successfully pulling in 125k/yr. Title is in her name. Here's the drama part, while married her husb...
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So, what’s the best way to own a property as an investor/ landlord? I’m assuming some sort of LLC or similar.
Is LLC the proper vehicle?
Do I buy and quit claim to the LLC, or does the LLC need to buy it?
Any othe...
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My tenant gave 30 days notice to be out of the apartment by 4/30/15. He hadn't been living in the apt full time for at least the last 4 months because he has been working out of town (which is the reason why he gave ...
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What is it ? Where should it be used ? See below for the reasoning The Details :My mother lives in Florida . The wife and I* have moved in with her as her care givers But she has severe Alsheimer / Dementia Stage 5 s...
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Happy FriYaY BP Fam, Thank you for your time
Scenario:
My mom has a Philly rental property that and would like to transfer house/deed from my mom to me and my sister. We ultimately want to then put the house under...
I have two money lending deals that have come my way. The first one is a SFR that they want to borrow 70k for 6 months on and is worth 190K based on comps. The second in 60k for one year to purchase a 120 foreclo...
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Curious if anyone has info on how to go about filling TREC 20-11 form.
So far only a few threads on BP have hit on the issue. Found a couple of search hits that emphasizes certain line items...but nothing th...
Purchased a condo at short sale. Existing tenant is long term tenant. Seller was a disaster, so do not have a ton of background info. Their original lease expired and they were month to month with no security depos...
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Hello,
My cousin and I recently got an excellent mentor Stephen Tilton to help us build our capital, guide us on real estate, and connect us with others. I had a brilliant idea the other night. Instead of taking the ...