Does anyone know of lenders that do small seconds? When I mean small I’m talking 15-25 k in a high equity position.
I recently retired and I am unable to do maintenance work on my 3 family home. I purchased it in 1985 and have been living in 1 apt as my primary home and renting out the other 2 apts. when I purchased it I paid 15,00...
Hello BP Community!I've heard many mixed answers to the question: Should I put my properties under an LLC or not? I'd love to hear the PROS and CONS of having an LLC or owning property personally.Thanks!-Tyler
Rental dwelling policy exclusion does not cover ground water in Virginia. Water main broke outside the home and flooded basement unit. Has anyone heard of what a city is liable for as far as mitigation/repairs to make...
I own under my name over a dozen rental properties (with loans) in Florida which I effectively manage from Europe without an issue. While I have HO6 insurance on them, I am considering creating a My Property Managemen...
Hello. My husband and I currently have our first STR. Due to the nature of this type of renting, the guests are from out of state mostly so CC are the easiest way for them to pay. I just did our first one through PP ...
Hello there BP community. Last year I purchased my first rental property and am self managing (Professionally, I'm a people manager so I knew I could do it) and house hacking a triplex in the Central PA area. Over the...
We are about to move out of our home and rent it out. If we want to fix it up (replace stove, microwave, A/C unit), are these expenses tax deductible while we are living here? Our first tenants move in next month. ...
The evolution of my passive investing strategy has changed over the past few years. As my education and confidence grew in the space, my strategy adjusted as well. In the following article, I will walk through some ...
BP Family,When I have read stories posted on BP regarding individuals who have successfully navigated and closed multifamily deals, I have noticed a recurring commonality: Success favors those who have an experienced...