Account Closed
Switch home to LLC with loan
I have a rental that I purchased in 2007 and it is still at the bottom of the Marianas Trench. I see fish when looking out of the windows. The property is in my name, and I need to move it to an LLC for liability. I w...
Leland S.
Dealing with a bad contractor
After paying my contractor 35k, I found his interior work was pretty shoddy. I already had a few issues with the contractor I pointed out and ask for discounts or refunds, but none were ever given, they just acknowled...
Rafaella Almeida
Using home equity instead of Hard Money
Hello BP community,My husband and I have equity in our home and our rental. We want to expand our portfolio with hopes to be financially free. My husband does not like the idea of getting a HELOC for he thinks it is t...
Efrain Gallardo
Unseasoned buy and hold Notebuyers out there?
Besides all the brokers floating around claiming to be note buyers, does anyone know real buy and hold note buyers that will buy what would be HIGH YIELDING UNSEASONED NOTES? I do understand that the discount would be...
David K.
Turn Key out of state - what is your strategy
Hello BP,so I have acquired 3 turn-key properties since when I started in Summer and in process of closing on 2 more.Out of total 5, 2 are relatively close by (PA and NJ) and I have seen them and believe those are gr...
Jeff Caravalho
Would you fund this note?
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
Ben Kirchner
Analyzing propoerties to live in, then rent out for cashflow.
I wanted to get some advice/opinions from with some experienced minds here.I plan on purchasing a new home as a primary residence this year. The idea would be to then move into a new primary residence, and rent out o...
Orly Howard
STR Restrictions on deed
Hi BP'ersHas anyone ever come across restrictions on short term rentals on a deed? I was getting ready to sign a contract (in Sullivan County, upstate NY) when my lawyer informed me that it had this restriction. This ...
Sarah Lewis
Breaking Lease- Mititgating this loss
I need quite of bit of help as this is the first time I'm dealing with a tenant breaking a lease, and I have a number of questions. (I'm a small time investor with only a couple of properties.) Tenant had been living ...
Dennis Maynard
Pay of debt or Buy a Cash Flow Property? Question of the Week.
Hey Everybody,Many people face this challenge. Should you pay off debt such as a car, credit card, or student loans first? Or should you take the same money and buy a cash flow income property? What would you do an...