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My sister and I just bought our first rental property together in Providence, RI! As we started going through the closing process a month ago, we began asking ourselves, "do we need to form an LLC?" The main concern ...
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I'm in the middle of a 1031 exchange with three multi-family properties identified and at the end of my 45 day window. I originally had two student housing projects in escrow and on day 43 of 45, the lenders backed ou...
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I'm planning not to do this, and just have it due on the first, but I was wondering what other people here do? All of the apartment complexes around here give the grace period, but it doesn't seem like a great idea to...
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I am interested in a 2F property upstate, and everything seems solid. However, my numbers are based on MARKET rents for that area. Initially I did not know whether the current tenants had leases and/or what they were ...
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Before we start... This post focuses on one highly technical issue related to syndicated investments: taking K-1 losses while being a Real Estate professional. I recommend you first read my earlier post on the overal...
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Wondering what everyone's experience is starting an LLC or sCorp to purchase your investment properties under? I live in CA, and I am looking to purchase a STR in Big Bear, CA and a LTR outside of CA.
Would it be be...
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My wife and I are hosting on Airbnb and just received an initial message from a guest that instantly booked our place for April. Our current pricing structure is a base price with an extra fee per guest starting at 2 ...
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I recently decided to replace many of my windows in one of my multi-unit properties and I went with the contractor's loan company (AquaFinance) to pay for the windows. All in all, I spent 12k on the windows with a 9% ...
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Hi guys! I live in Sequoia National Park, have a "fair" credit score (up from zero in a year with a secured loan as my only line of credit), 10k in savings, a wealth of knowledge, specific goals, and high risk toleran...
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Hello BP community.I'm looking to start my first investment and I'm looking at investing in a multi family unit to get started to help financially by allowing the investment to pay for my rent. My problem is finding w...