I am inherited a that I think is too low. What's the procedure to raise it? Can I provide my own lease? It's a month to month can I change it to a yearly?
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Hi BP Community,I purchased a SFH in Michigan a few years ago in my personal name before forming an LLC. I recently got approval from the mortgage company to transfer ownership of the property to my LLC. How do I do t...
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It’s a simple question. I just sold (closing in 2 weeks, all clear) a flip (single family). Can I take the proceeds and buy a multi unit and not pay tax or do I only avoid tax by buying another single.
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Hi BP,I believe I have found a good deal doing my analysis on a multifamily. I plan on living in one side and renting out the other, or as we call it "house hacking." The only issue is that both units are currently be...
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Hi all! Thanks in advance for your help! I have a tenant that is consistently late with rent. It started with a day or 2, then 5, 10 and now we are at 27 days. My rental agreement states that rent is due on the first ...
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Well I close in a few weeks on my first rental. It is a duplex with a current tenant and I will occupy the other side (owner occupy). I have tons of books all of which I have read cover to cover, however I would like ...
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Hi! My former boss (retired) has inspired me to get into real estate. I've made some foundational moves (heloc, llc, etc.) But podcasts, books, seminars, I feel so lost still. I'm definitely out of my comfort zone ...
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Hello, I am brand new to REI, at this point a little over a month in. I've been researching and networking like crazy in the last month and what I'm beginning to realize is that everything starts and ends with comps/...
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I'm going to be very open and honest about my situation so people know where I'm starting out from and hopefully get some specific advice. I'm looking for the "What would you do if you were in my shoes?" kind of advic...
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Hello BP fam:I am interested in wholesaling in the greater New Orleans market. At present, I am educating myself as much as I can on the art of wholesaling (via BP, podcast, print, and NOREIA meetings) and I am also ...