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 ...
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...
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...
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 ...
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...
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...
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 ...
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% ...
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...
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...