I am considering forming an LLC just to hold residential real estate for liability protection. I would quit claim a deed from my personal name to the LLC.-When I sell the property, would I be paying a tax on the prof...
Gov. Gavin Newsom late Monday signed the COVID-19 Tenant Relief Act of 2020, legislation that prohibits the eviction of renters with genuine COVID-related hardships but reopens the unlawful-detainer process for tenant...
Hey BP Community,Question for the commercial multifamily investors out there. What type of insurance coverage are you using to protect your asset? What should I be looking for in a good insurance policy for a small co...
Ok I am very excited I got my first listing appointment. What should expect? I have been cold calling FSbos and Door Knocking, but usually when I do I exclude mobile homes, so today I called and the seller is sell...
6 months ago I purchased my first investment property. I used an fha loan and purchased a 4-plex for $575k. I put $25k+ in renovations into the most neglected of the 4 units and moved into that unit. I’ve already forc...
I'm a new investor trying to figure out what most do for their insurance coverage. The quotes I'm getting seem to be a bit more than I had been running through the calculator. What kind of coverage and deductibles d...
I have a three bedroom condo and I’m renting out the three rooms to individual tenants. How much renters insurance should I require the tenets to have?
So we just closed on a property and inherited tenants, the previous owner had them on month to month with no security deposit. We are putting the tenants on leases. One of the tenants has got to go. We know that we h...
I recently purchased a house with cash and it gives me a rental income of about $2500/month. I want to purchase more properties but I’m afraid I won’t be able to get a loan because I’m in school (Phd program). Would m...
We purchased a run down property last month for cash with intention of making it livable and renting it. There is a HUGE demand for rentals in the area and we had over 100 inquires by prospective tenants in a matter o...