My wife and I have decided to begin purchasing rentals beginning next year. We will use a combination of llc, umbrella policy, and professional property management for assets protection. Should we create the llc now, ...
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Hi BP,I was hoping to get your help :)I was recently given a small plot of land from a family member as a wedding gift and I need some ideas for the best way to utilize it to create income. Since it is about 3 hours a...
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Like all other investors, I heard all of the talk about Detroit, and since I needed to scale up my business and acquire large multifamily 20+ units, and because Atlanta deals were becoming tougher to negotiate, I knew...
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We've been in the process of refinancing this property for a month…We’ve been on pins and needles waiting for the appraisal to come in
We just got word yesterday. But before that let me give you some background…W...
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There are a lot of big old homes in my Baltimore neighborhood with 5+ beds and 2+ baths in the 80k-100k range (rehab quality). Neighborhood is safe and up and coming. I can see potential for 2 units in these homes, ...
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I have heard this idea tossed around on the BP Podcast the past few episodes, and it made me realize this is one of the greatest lessons in my personal experience thus far in REI that I would like to share with the BP...
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Hi,People always talk about how they purchase a rental property, wait a few years for it to appreciate, do a cashout refi to recoup their initial down payment, then whatever they earn in the future is infinite return....
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I'm buying a small duplex that needs 20k work, not including labor. I'll be doing the work. Do I do a SOW, just to learn how or do I just track the expenses and hours of labor? When I say, "I", I'm referring to my ...
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I am planning on making 2010 a banner year, I am think that I am coming down with a bit of analysis paralysis. So to fight it, I am jumping head first into my real estate licensing class (access to the MLS) and I shou...
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Hello! My name is Christine Myhre; I'm a wife, mother, daughter, sister and grandmother. I have owned my own Cottage Food business and have spent most of my working years in the food service industry. I am very new t...