Mike Lee
Naming a LLC before buying properties
A friend of mine and potential business partner is interested in going 50/50 on a first property this summer (likely a SFR that would be a buy and hold/rental). We are both complete newbies to this space, and while I ...
Walker Noon
House Hack to Friends?
Hey guys and girls,
I am looking to start house hacking soon and plan on renting some of my extra rooms out to friends. That being said, should I get them to sign a lease or not? It will probably be on a MTM basis s...
Mike Rubin
Living in a trailer to pay off student loans
Hello All -
I am at a crossroads and wanted to get your opinions…
My situation: I graduated 3 years ago with $65,000 in student loan debt and have since narrowed that down to $35,000. I'm sick and tired...
April L.
Any reason NOT to invest with a friend for first-time investment purchase of STR?
It has gotten increasingly hard to find the kind of property I want on my budget. But my friend is interested in investing and she has about the same amount to put down on a property. Together, we can double what we ...
Seth Michael Carp
House hack in College?
I have been told that in college I won't have enough time to house hack but to me it sems like a stronger option than just renting for 4 years. Any thoughts? Also was thinking about buying a condo to rent out instead ...
Account Closed
Negotiating partnership...one party has cash, one party has labor
Apologies if this is in the wrong category. This seems like a fairly common issue, so I'm hoping someone will be able to offer some wisdom. My partner and I are trying to figure out how to equitably and fairly negotia...
Anthony Geren
Newbie from Houston,TX/The Woodlands,TX/Spring,TX
Whats up Bp peeps, My name is Anthony Geren and the lovely lady in the picture next to me is Alyssa Widener my longtime GF. I ( Anthony) was born in Oak Harbor,WA (outside Seattle,WA on Whidbey Island) and have been l...
Tyler Speelman
Tenant wants to break lease. How would you proceed?
Closing on a property in Ohio in 4 days. Current friend and future tenant has informed me they are moving. The lease with current landlord says 2 months notice must be given before moving. Their current lease expires ...
Christina Yoon
ANY SUGGESTIONS FOR A PAIR OF NEWBS
Hi everyone,
My name is Christina and a friend of mine were looking into purchasing a home out in moreno valley so we may lease it out to a few students who attend UC riverside. We are students as well. Do you have an...
Account Closed
Investing with Partner / Tenant???
I have a potential partner that is also looking to buy his first home. How could I structure a deal in which he is the tenant and partner?
Some of the advantages I see:
- We wouldn't need to put 20% down for a co...