Kyle Profilet
Separating Your Property from Property Management Using Two LLCs
My question is concerning whether or not is can be a good idea to separate your real estate operations into two entities: (1) an LLC that holds your property and (2) the LLC that holds your property management operati...
Mike Cartmell
To Flip or Hold
I recently acquired a house for $70k and have put in $30k rehabbing everything except furnace. New roof, windows, water heater, and complete interior rehab.I can rent it for $1300/month and will refinance pulling all...
Ryan Dossey
The reason why you don't hold a unit for someone.
There is a reason why most experienced landlords say that you have to be strong and tough. If you give an inch people take a mile. We had a home that we were trying to rent around New Years/Christmas. A tenant applied...
Matt Rothwell
Private Money Deal Structuring?
I’m finally almost done with the updates that I wanted to do on the duplex I bought last fall, which means that it’s about time for me to start shopping for new deals. I’d prefer not to move and take another FHA loan...
Nicolas Middleton
Newbie from St. Petersburg, FL
Hey All! My name is Nick Middleton and I work as a mechanical engineer in St. Petersburg, Florida. My wife and I moved here last Fall. The three years before that we had both been doing volunteer work in Haiti. In...
Sean Gallagher
Few questions you guys might be able to help me out with
1) When reading a lot of these post I see things that are abbreviated in which i do not understand, like LLC, and MM stuff like that, maybe someone can tell me what most of the abrreviations mean? I don't know all o...
Ryan Zweng
$100,000- Where to keep it/ How to Invest it?
If my goal is to leverage $100,000 in investment capital, and obtaining buy and hold investments is my long term Real Estate Investment goal for the initial 100k in capital , my questions are:1) Where is the best pla...
William C.
Tenant lease break, penalty & tax implications
We have a tenant that was signed to a lease through Feb. of 2023. They have decided to break that lease and pay out the remainder of the lease in a lump sum. In the state the property resides in, we have a duty to mit...
Jason A.
Unlocking Value from my Buy-and-Hold
Greetings,I'm considering some options in unlocking value in my buy-and-hold property. It currently has roughly 145k of equity. It's appreciated about 45k since I bought it so a 1035 exchange is probably not that inte...
Antonio Williams
Advice on how to get financing for first fix/flip
I thought BP was a great place to reach out to get input/advice from all of you awesome people. Quick background about me: I have been in Real Estate for about three years (mostly as an agent, have done some wholesali...