I understand the basic protections afforded by the LLC, using a separate LLC for each property in theory provides the best legal protection against other assets. However, having separate LLC for each property seems li...
Hey BP, my name is Austin Petrie. I've been doing my research on REI for many months now and finally feel I have reached the point where I can ask thoughtful questions and maybe answer basic questions on BP. So I'd li...
I take it the answer is a yes because the sale and purchase price difference.I bought the house for 310K.
I can sell it for 400K.
I put 100K down when I bought it.
I recently cash out refinanced it.
After tra...
Good Morning BP,I wanted to take a minute to lay out the details of a deal I am considering in Bowling Green, KY. I bought my primary residence a year ago and sunk a good portion of my free cash into the down payment....
Hello all! I am so excited I think I have found a great first investment property. The seller is a serious "don't-wanter", and he's ready to leave it to me and move to the other coast of the country. I would like the ...
I recently got a copy of Maryland (princes George’s County) it’s every complicated and I have not clue on what I’m looking for......does anybody body here from Maryland know how to read it...... if so please share som...
I recently got a copy of Maryland (princes George’s County) it’s every complicated and I have not clue on what I’m looking for......does anybody body here from Maryland know how to read it...... if so please share som...
so I want to do my first 1031 exchange. I have a 2 bedroom SFH that I have paid off and is worth between 92-105k. It is only making me about $625 a month after taxes and insurance. So it's a very low performing invest...
Hi everyone! I'll try to make this as simple as possible.My business partner and I are opening up an LLC in Arkansas but the process is held up for 2-6 because our registered agent had to fax a form to the IRS to rece...
I just bought a single-daily home for 250,000 in Boise, Idaho that is to be my primary residence. However, with population growth exploding here, I want to turn around by this time next year and buy my first rental pr...