So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
Hi! I would appreciate suggestions about forming LLCs. I plan on doing most buy and hold investing. I will buy single family homes and rent them out.Should I form one big LLC for everything? Or should I form one LLC p...
So....I started telling my family that my hubby and I are moving from CA to MI to start investing in real estate while operating our business remotely and heard so much negativity. My hubby isnt scared because he has ...
Hi all,I'm looking to replace two currently functioning but well-aged tank style water heaters with longer-lasting and more efficient tankless heaters in my quadplex (3x1br+1x2br). This will also completely remove the...
Over the last several months I've spent a significant amount of time reading books, BP forums and almost anything I could get my hands on, to prep myself for my Real Estate journey.
I've finally lined up a ha...
Hi BP! I know many people come on here and say how they purchased 20 or 40 or 60 units in no time, but I wanted to post our very realistic and achievable situation of purchasing our first 3 single family homes in a on...
Me: 2-4 units (including multiple houses on 1 lot)
Location: SF Bay Area; Richmond, Oakland
Why?
1) 30yr fixed rate financing. I plan on owning the "fix and hold" properties I buy for AT LEAST...
This is a very subjective question, but I'd like to know which markets you think are going to prosper the most in the future. There are no right or wrong answers, just curious which markets you're betting on to see si...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Machesney Park.
Purchase price: $240,000
Cash invested: $63,500
Contributors:
Tara Shedden
Self-managed fo...
Hey everyone! So for those of you who’ve followed my previous post on getting my first rental property via seller finance, I wanted to follow up and get some insight on some of the terms we’ve agreed upon and accepted...