Hello BP community,I recently created an LLC to manage my rental property and separate business and personal expenses. I have questions about how to use my business checking account to pay for expenses for the rental...
I’m a few days away from sending out my first direct mail campaign. I’m focusing on one specific town and I’m targeting duplexes with out of state owners. I’m hoping to purchase a BRRRR deal out of the mailing.
I ha...
First, I have not done the full blown analysis on this offering because it was an offering that did not interest me overall- but I want to add the caveat that I have not run numbers and have not formed an opinion that...
Hi Folks,I bought a property in Harrisburg, PA about a few months back with a conventional loan on my name.I would want to transfer the property to my single member LLC. Reached out to an attorney. He mentions that it...
So I purchased a triplex in my name, do not have an LLC. Does it matter if I keep the rents in my personal accounts? Or should i open a separate checking and savings? I do I open a separate account and pay the bills a...
Hey there I’m not sure whether I’m looking for legal advice, Mortgage advice or something different all together but here last the situation. I’m an experienced real estate professional. Iv been an agent for over 10...
Hello BP friends and family,
For the last week or so I have been working on a deal that was going to the foreclosure auction. I have attempted to heed all of the advice given here and also from others outside th...
Hi, I just went into contract for my first rental property a week ago. the property i'm purchasing is already in contract with my personal name, as I read many articles about how setting up an LLC is overhyped. I ha...
Hi BP,I'm based out of California and looking to purchase several more SFH rental properties in the Wisconsin Milwaukee area. Any recommendation to a portfolio lender would be greatly appreciated.Thanks!Cameron
I know a lot of people get nervous about negotiating. Back when I was a cold caller sometimes I wouldn't even want to pick up the phone. I find now that having a few phrases picked out ahead of time helps me when it c...