Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March.  Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...

I’ve read weddings can make 5-25k per wedding much more than any short term rental or traditional rental property. I’m simply renting out the property. Vendors such as florist, cake, tables, wedding planner is separat...

I have been aging an LLC for a few years. I want to start buying property. how many properties can I safely have under the LLC and seperate myself from liability? Should I have the LLC as the holding company of sev...

I have a friend whose, daughter is getting her first apartment. She only makes 2 times rent and they require 3 times as most do. They would accept her if her father (My friend cosigns). I have not done cosigners so I ...

Hello everyone I'm turning 18 in July and am fortunate enough to have a family who has started a fund in my name when I was born which has grown to $80k in cash and $60k in stocks. I live in southern California in the...

I know this is an old topic, but I would like to revisit it as I'm now listing two rental homes that I own and manage myself. So this question is for landlords who also manage their own property(ies). Do you prefer to...

Hey everyone here's my story which almost sounds like it comes from a movie: we bought a house close to Atlanta airport through a wholesale company for $139,250 in August 2023 and we used a fix & flip loan to fix ...

Hi Everyone! I am in the process of setting up multiple LLCs and need to manage the rents and expenses within each LLC. I need to get a business credit card for each one. Has anyone experienced how that impacts your c...

I came across following idea from internet about buying defaulted mortgage notes directly from banks. However, I need some more help. Please help. Thanks, Sam

Contact homeowner in pre-foreclosure. When you first appr...

Hi BP Nation,I have always had this argument with folks around me who believe that rent to value ratio is a better metric than ROI for analyzing investment properties. The price-to-rent ratio is the ratio of resident...