Tim B.
Rental property LLC question
I am buying my third rental property and want to hold this one in an LLC. I live in SC but the property I am buying is in NC (we plan on moving back to NC eventually). My question is: If I register my LLC in SC where ...
Mike B.
Newbie Question - Tenant Screening
So first time landlord here again. We had trouble finding good tenants earlier in the winter, so we pulled our listing off Zillow for a few weeks and then relisted our property yesterday with a 3% lower rent. I'm so a...
Shane Woodman
How does a HELOC work?
I’m looking at using a HELOC to help fund my next rental property. I currently have two single family rentals that each have equity in them. Does it make sense to use a HELOC to help fund another rental property? What...
Neil Furry
LLC paying rent to Personal
I have just purchased my first commercial purchase. It is a unit I am going to build out for working space for my business. The commercial loan was taken out in the business with me (100% owner of the business) as a g...
Charles Williams
Forming a LLC
My business partner and I have an LLC. In the LLC we have a total of 8 properties. I have read where you shouldn't have too many properties in one LLC. I understand the reasoning is that if we are sued you only wan...
Beryl Colbert
Advice? Buying my parents’ St Pete, Fl home
Hi! I need some advice. My parents are planning to sell their home in St. Pete, Fl. This house is a GEM in a great neighborhood where homes are consistently going up in value. Starbucks, marina, lots of activities, et...
Jason R.
Mixing loans & lines of credit to maximize leverage
I have a client with the following:$100k/year incomeExcellent credit$40k liquid cashMinimal debt, great DTICombined equity in properties is ~$100kHe's looking to utilize the BRRRR strategy (Buy, Renovate, Rent, Refina...
Roger Princeau
Sub to help in alabama
Hello all, I have a sub to deal that I am working on. Has anyone here done sub to in alabama? I have called title companies and they say its an attorney state and they can't handle this. I have called a few attorneys ...
Matt Jamieson
Michigan Property 1
Investment Info:
Condo buy & hold investment.
Purchase price: $49,900
Cash invested: $20,000
2BR 1BATH Ranch Style Condo (817 square feet on main level & unfinished basement)
What ma...
Robert Tuchinsky
Wholesale Rental Property
Hello BP, Long time lurker, first time poster here. I am relatively new to REI and was hoping to get a little advice. Although I am mainly trying to wholesale to rehab buyers, I have been getting a lot of responses fr...