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My wife and I just bought our second property and were considering forming an LLC for them. I just read something that said some investors opt to form an LLC for each individual property as a shield so that any lawsui...
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Let's set the tone straight; most people don't get into the rental business because they like to manage problematic tenants, deal with leaky toilets or attend eviction hearings.Most people follow traditional investmen...
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Hey Guys and Gals,
This is not your typical post on BP but, since y'all are going to be similar to me and looking at things from a financial sense I would like to hear your opinions. And a lot of you have exp...
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Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
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I stumbled across the American Homeowner Preservation (AHP) Fund ad on a podcast. Upon going to their website and researching further, it appears it's a hedge fund that buys discounted mortgages and supposedly tries ...
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If you haven't heard about the NAR Lawsuits and how the DOJ wants buyers to pay their own agents, google it before answering this question b/c we don't need your confused self all up in this thread talking all that bu...
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Hello all. My wife and I are having a disagreement that we need you to weigh in on. Here is what we are having a hard time with:We started dating in 2012, and I've always held a W-2 job of some kind. I hated the l...
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I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
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After holding a few properties in my name, I decided to start an LLC for asset protection as it is recommended everywhere, so my latest property is held in that LLC.
I find it so unconvenient to have an LLC, insurers ...
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Dude, this is a symbiotic relationahip. Trying to start my new REI project, a flip in Milwaukee. Trying to negotiate with a contractor to budge on the plumbing costs, he wants 10k to pipe a 2,200 sqft. duplex, I need ...