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A bit about me:I currently live in possibly the most expensive area on the planet. It is cheaper for me to keep renting instead of buying here, so I do not own my own residence. I have a high salary day job which I en...
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Good Evening BP!I talked to my lawyer today to finally set up a LLC to add another layer of protection against liability. My concern now is, how difficult is it to obtain a loan from the bank under a LLC versus under ...
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Hi there,I have been interested in mobile home parks for a while. Over the past year I've been researching and running numbers on multiple parks but haven't found anything that financially makes sense.Last week I fou...
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Hello Everyone -I am looking to purchase my first investment property. I've decided to purchase a single family home in Birmingham, AL. I have found a realtor, property manager, and financing. The problem I'm having i...
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So I'm considering retaining an attorney to create a Wyoming Irrevocable Trust to protect some of my assets.
My rental properties are mortgaged so I can't put them in there, but I want to put money in an account in t...
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Hello All,What tools do you guys use when researching/analyzing a potential market?
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Despite being a part time hard money lender I am afraid I know little about buying and selling existing notes and it is an area I am curious about. I have been reading Lorelei's Legal Lessons which though it is 15 ye...
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What is the best way to estimate rent for a specific property which doesn't have any rental history?Is it common to just find comparable properties in the area that are rented out? Also does anyone have any input on h...
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I'm Vincent, from Orange county, California. I'm here to learn about about REI.I have set some extra cash for investing in buy-n-hold SFRs, and would like it to be as passive as possible. I have done extensive readin...
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I have a townhouse with a 20+ year old air conditioner and furnace. My tenant reported that if she set the thermostat at 75F the system would cycle on and off as is normal. However, when she set the thermostat at 74F ...