Hi Folks,This is my first actual post on BP in 2 years even though I read other posts daily.With two year anniversary of my first rental purchase coming up I'm reaching out to BP community regarding your experience/re...
Which is more important to you?From what I've gathered, it's basically impossible to get a nice, low 30 year fixed with an LLC. OTOH, then you're more vulnerable if you get sued.So if given the choice, would you finan...
Hello everyone, I'm looking to get some advice on this situation with a tenant in my property.
I own a condo unit and this tenant has been living there for a few months now. Soon after they moved in, they asked me i...
I am a first time investor and I am wondering about moving my soon-to-be rental property into an LLC. Is this a good idea, why or why not? I filed for an LLC along with my application for a business line of credit. I...
I'm looking at a list of 25 properties, most of them in really good condition.Referencing this site below, if a property is worth 100k, than I pay 50k to the tax assessors office. Scenario 1: The owner pays me my 50...
We have an office building with a great long term tenant, that is in a below market rates, and we're good with it because they are stable and NNN. Their lease is up for renewal, and contains one Option to renew, whic...
This post is for LONG TERM BUY AND HOLD RESIDENTIAL REAL ESTATE INVESTMENTS.First, let's bench mark the range of options so we can put in context any potential opportunity: - CDs and some savings accounts are back to ...
Got a property under contract that's is going to be my first investment. Its a duplex in a decent neighborhood, half of which is already rented for 800/mo. Issue is with the inspection I had done. Sewage in the baseme...
Basically I was just wondering if anyone has had any township issues with doing a section 8 / housing authority, type renting of your rental units. I realize there is additional paperwork done with the housing autho...
Hello all,
I currently have sufficient income through my small business, good savings, but lack of taxable income and credit due to being self employed (taking deductions) and being 19 (lack of credit history...