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Hi Everyone! I have a rental property that im planning on transferring to an LLC. Im planning to grow my portfolio and have more properties under my belt, so I want to put them all under this one LLC. However, I also ...
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Hello BP! My name is Cody and I'm a total noob. I found BP after getting the house hacking bug from a friend who is doing it in Georgia. I'm a full time lab tech at THE Ohio State University and I've been searching ...
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Hello I am 21 years old and am about to turn 22 in November. I will be transferring from a community college to the University of Houston later in the spring and have about $7,000 saved up and hope to have $10,000 or ...
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How does the bank know if you are fulfilling your one year owner-occupied requirement? Does this change if you move out but don't actually have a tenant until after the one year is up?
I'm not saying I am going to d...
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Hi again. I posted earlier this month about a tenant that was unhappy with the length of time a bathroom repair was taking and made mention of not paying the rent. Now, fast forward, yesterday the renovations were com...
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Hello, Hope this finds everyone having a fantastic weekend. I made the following offer to a seller and she accepted:>>>>>>>>>>>> A - $75,000 in two months$35,000 down, $40,000 in tw...
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Researching various sites (including many posts/forms in BP), books, etc. I have tried creating a blue print for asset protection (see the image). Does it make sense? Did I do something incorrectly? Is it an overkill?...
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well.... we just got denied for another loan...DTI ratio too high for me and my hubby. I'm starting to get discouraged. I wish I would have found this site years ago or read rich dad poor dad. Too many credit cards......
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So for the last year or so, I have been thinking more about physical health. I’ll be 50 in less than a year. Overall I do not personally know any active, long-term investors that actually smoke. Maybe they are there I...
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Hello everyone!I'm 30 years old from Godfrey, Illinois, which is about thirty minutes east of down town St. Louis, Missouri. I work for a mid size police department in the area. I would say that my wife and I are bett...