Hello,I own a home in Westchester NY that has an accessory dwelling unit which is a small apartment above the detached garage. Would it make sense for me to set up an LLC and what type of benefits would I receive fro...
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My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...
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Hey all,My wife and I recently went under contract on a new home. Our intentions are to rent out the house we are currently living in. We want to start an LLC for the tax benefits of being landlords and managing the p...
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Ok I contacted a mortgage lender in my area about what I would like to do.
Here is his repsonse...
There are rehab loans you can utilize for something like this. A lot of them
require a builder and a lot of headache...
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I already purchased a home to flip with my brother. Is it too late to start an LLC? I took out a HELOC on my current home to purchase the home and we just closed last Friday.
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Hi BPers!I purchased my first 1BDRM unit in Seattle, performed the renovations, and am ready to rent it out soon. However, rather that hiring an agent, I wanted to see if managing the rental process yourself is easy e...
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This might be an interesting topic born from another thread.
When is buying or operating in real estate a speculative venture and when are you investing? How do you define speculating and investing, what's the differ...
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Good Afternoon BP Community!Stoked to be here and actually getting a chance to interact with the community I have been listening and reading about for so long! Little background on my situation, I am a new investor wh...
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I recently won a small sum of 20k in the lottery. I have roughly 75k of equity in my current home. I’d like to get into real estate but have zero experience and if it’s the right investment for me. I am looking for ad...