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Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
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Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
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Just starting out and am leaning towards Turnkey in Indianapolis and then branching out into other markets. I'm interested if others have used Turnkey providers effectively to build large portfolios. @Brandon Turner...
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The latest one for me is my rehab contractor disappearing for 5 days. He finally returned my calls today and said a family member out of state had tree fall on their roof. He went to help fix it.But I find I stress ...
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Here's an article: https://www.wsj.com/articles/t...With rent rates increasing dramatically, a housing shortage around the country, and new generations that feel entitled, I suspect we'll see more of these. I find it ...
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Hi BP,I’d like to generate a fresh thread to address an issue that is catching many new investors by surprise: The 6-month Seasoning period.I’m now on my 3rd Rental. It was time to give the BRRRR strategy a try. I pur...
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Okay so I have started putting my own offers out there.
Property
1.Located on main highway.House is a POC had it listed at 80k now expired and re-listed at 39,000.Old house on block foundation needing a ton of work...
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Hey all, A friend recommended me to BP so I am hoping some people can assist with my delima. I've been buying props for a few years in Hartford and Bridgeport with good success. They are only 2 - 4 units, and very l...
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Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
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Hello everybody,
I am strongly considering part of my SDIRA to be in Notes funds. I am looking for high quality players in the industry with great historical record.
Let's talk about good and "not so good" funds!
I w...