Paul Lichtenauer
Buy and Hold Partnership question.
I'm trying to figure out how to structure this partnership. I found a great SFR buy and hold deal. My buddy is going to take out the loan in his name. I will manage the property. Do we set up a property specific LLC a...
John Yingling
$900K lakefront new build finished - Sell + start over in Midwest (Chicago?)
Hi there, I'm new here. Have been reading for years though. I'm single, and just turned 40.I made a sizeable sum of money late 2021 / 2022, gasped, and bought 5 acres of lakefront land in upper Wisconsin, then GC'd my...
Account Closed
New deal analysis rookie investor
This is my first deal and I am looking to make sure that I do it right.I am looking at a St Louis really old 4 plex which was recently updated in a C area. (New roof, tuck point and plumbing stacks). The heaters and f...
Danette C.
Suggestions for "adopted" daughter and her first home/rental
My oldest daughter's best friend (21 y.o.) is researching different types of loans for when it's time to pull the trigger and buy her first place. So here are a couple of questions for those of you willing to give so...
Ivan Lopez
Real estate taxes/capital gains
Good day BP from Clarksville, TN!Apologies for the lengthy intro. We’re about to close on the sale of a house we bought as our primary home 10 years ago. Since I’m active duty military we rented it for almost 7 years ...
Lyle Fugate
Saving for first investment
Hi there,My name is lyle and I am a Baltimore teacher and prospective real estate investor. After months of reading this blog and several bigger pocket books I have paid all my consumer debt off and am currently house...
Kay W.
Do I have to fix it?
I have a question to ask all the landlords out there. I have a tenant who has accumulated a lot of mold on top of the bathroom ceiling. He kept on asking me to repaint the bathroom because it was dirty and it was pe...
Precious Thompson
Equity
Is there any negatives to taking equity out of a property to purscase a new one?
Christian Barra
HELOC vs Home Equity loan VS Cash out refinance, dilemma!
Hello BP community, My name is Christian Barra and I have a nice BRRR poject. I bought a property on cash, repaired it successfully and rented it for 7 months now. At this point, I want to refinance it to get my funds...
Ted Klein
Selling a Property Back to Yourself
Upon the death of my sister, I have been researching properties owned by her and I have found quite a lot that I need help understanding.She was previously married and legally divorced but began living with her new pa...