Craig Palmer
We bought a house, cant move in but 2 days after our lease ends.
So we bought a house. Our lease ends April 30th at our duplex while construction is wrapping up on our new home. Original move in date was April 28th. Due to some storms we are looking closer to May 2nd.Despite months...
Max Householder
Leasing garage storage units in St. Louis, Missouri
We just closed on our 2nd property which includes a garage split into 4 storage units each with their own roll-up garage door on one end and steel door on the other. The previous owner had been renting them out separa...
Chris H.
First time buyer (owner occupied) after investment purchase
Hello BP community,I'm looking for some help. I currently rent and do not own property. I'm looking to purchase an investment property first because buying a house for my family right now, financially isn't in the ca...
Jeffrey Waldron
New! Take the plunge? First time landlord in Los Angeles!
Hi I'm Jeff in LA. This is an update to a previous post 11 months ago.
We're ready to move up from our starter home in LA's Eagle Rock neighborhood, and would like to retain our small home as a rental. The house is ...
Jon Anderson
Promissory note for fixing Flip loan
A gentleman would like to borrow $20,000 and return $30000 on a short term, three month fix and flip. Does anybody have any templates for a promissory note for this type of transaction? I live in California.
Toly Gins
Need Help Evaluating Deal
Hi,
I'm newbie investor looking to get my first deal and I need some help evaluating a property. I am a long time reader of the site, so I'm aware of the 50% rule. However, I haven't found much on evaluating townhous...
Gerald Marshall
LLC vs S-Corp. What are the differences?
I've been a landlord for about 5 years now and use the proceeds as income like most do in the beginning of their REI careers. The question is, whether to initiate a S-Corp or LLC for my passive income. My CPA r...
Larry H.
Flipping flooded houses in Baton Rouge area
We are primarily buy and hold investors in multi family properties, but since the flooding in the Baton Rouge area I have been presented with multiple houses that people want out of and the prices are irresistible.
...
Matt Ryan
Garages vs. Dedicated Off-Street Parking
Greetings!First time poster here, but have been lurking for a while! Thanks for all the great information here! I own a 4-unit building with a detached garage (one garage for each apartment) behind the building that i...
Andy K
Unpermitted addition to home in Southern CA
Hi all,I wanted to ask folks on the forum some advice about an issue we found out today.We purchased a rental property in Riverside County in Southern CA in 2013. This was a foreclosure, so we never met the previous o...