I want to get started in investing and I want to protect my personal assets. I want to invest in real estate but I am confused because I heard that you need a LLC for each property. Is that truly necessary?
Hello BP community, I am currently rehabbing my second rental and the house was built in 1979. Water was seeping into the house through holes in the exterior brick after a heavy rainstorm. My contractor sealed the hol...
My attorney from Legal Shield told me that I should use the CAR purchase agreement contract. I don't have my real estate license and have the following questions.
1. Can I legally use the CAR purchase agreement con...
Hey BP members! Question regarding buying a property in an LLC with a partner.If I purchase a buy and hold property in an LLC with a partner 50/50 split (BRRRR) and we go to get a cash out refi is there going to be re...
I have someone interested in staying 8 weeks at my STR during my slow period for a traveling CNA position. I am considering having him book in 1-2 weeks at a time. He is 38 years old and has no reviews. Two questio...
Hi all, what is the typical maintenance reserve you set aside when analyzing a deal or maintained in the bank account? I believe I read somewhere 30% of the gross monthly rent but it seems fairly high. I would like ...
About to screen a tenant for a rental. In addition to asking for their credit report, employment & rental history and contacts, can I also ask them for 1 or 2 years tax returns to verify income?
Has anyone added interior molding or trim work to existing vinyl windows? The windows are 15 years old and in fine shape. But they are typical of the cheap stucco houses built in developments in that 15 years here. ...
I haven't noticed a lot of people from Utah posting.
Closing on my second rental next week! And in setting up all the paperwork, I'm wondering what are the pros and cons of having one bank account for all properties vs. having separate bank accounts for each. The main ...