I'm getting to the point where i should start to look into what an LLC can do for me. My wife really wants to set one up but I can't think of a scenario where i'd be sued for more than I'm already covered. I honestl...
Hopefully a new(ish) topic. My partner and I have been together ten years. We’ve been living together for 6 or so, financed a car together, and have intertwined finances. We want to buy our first rental property, but ...
Hi BP team,How should a property owner's level of equity inform the structure of seller-financed offers?I love the idea of making multiple offers on a property where total offer amounts differ based on financing struc...
Fannie and Freddie are obviously doing a terrible job of assessing risk for borrowers with their mounds of prescribed paperwork. Apparently the Danes allow borrowers to access loans via the secondary market directly w...
This house was finished quite a while ago, and I meant to post a topic on this, but I completely forgot until I started going through some old photo's on the SD card.
Background of the House: 14 years old, original ...
Hello All, We are an early 30's childless (except for two fur babies) married couple who recently moved to Tucson from New York City. We are new to investing, and trying to soak up as much information as possible. Fee...
What’s a good way to see if a neighborhood is appreciating in value? We were thinking of buying a place in the Villages, Florida. It’s close to parents and then we’d also rent it out. However, I’m concerned that t...
Hey BP!I'm in the process of buying a 1st DOT on a property that has fire damage. The property is riddled with multiple liens and has 75,000 in back due property taxes. It also has some government tax liens ( IRS ) in...
Hi BP!I'm curious about your thoughts/recommendations here...I have a 2 bedroom unit with two tenants with declining health. I mention this only to say they are relatively high maintenance. I'm averaging at least 1 c...
With the passage of the CARES package allowing IRA withdrawals without the 10% penalty and being able to report the distribution evenly over 3 years, I have been considering taking $20k out of my IRA to pay off a loan...