First off, this is not about hiding assets or evading US (or foreign) income taxes. I have no interest in doing either of those. I do have an interest in diversifying my assets. I no longer hold stocks, bonds or mutua...
For my very first BP question, I'm curious how much money did you have in the bank prior to starting out? Our plan is to buy and hold. Most of the houses around here are 50-100+ years old so maintenance could be a cos...
I am looking for some feedback on paying off a rental property. I am not currently planning to buy additional real estate. The rental property was acquired with $35K down at $350K, with 22 years left on the mortgage. ...
Hello BP!I was reading through several posts on the forums that mentioned that it is a good idea to open up a LLC to protect yourself when refinancing a property. I am curious what are the perks of opening up a LLC vs...
I read somewhere that I should see an insurance agent before I start my LLC? Can I get some feedback on this statement. With VA in phase-2 of coronavirus I’m ready to speak with someone.
Never invest a dime in a real estate deal until you ask these 38 critical questions:1. What happens if you get hit by a bus?2. What do you project the stabilized occupancy to be?3. What’s the median income for current...
New Investor looking to make my first deal. Do I need to set up an LLC prior to making the offer? Why or why not?
This is from the MLS 2 ranch style 5 plex buildings on separate lots. Excellent potential. Newer metal roofs in past 10 years, 9 year old boilers and water heaters. 7 units remain vacant, 3 units rented on month to mo...
Hi everyone,
interested in setting up propeties as Airbnb rentals in niagara fallsON? I see potential but im having a hard time accounting for vacancy rates. obviously summer time is busy, but my concern is if the ...
Hello all. First post here. I am looking to get into the fund business and want to start out by buying assets one at a time until I get that track record. However, I am having trouble finding deals in this frothy ma...