I own a real estate LLC with a partner. He just personally bought an investment property (closing today) and we're thinking about working on it together. Can he "contribute" the property as capital and then take a cas...
Hi all,I found a deal from a wholesaller and gave him a deposit of 20k. Now they say the seller has backed out, and they will give me back my money.Is there anything I can, like sue the seller?what are my rights as th...
Hey all, so I just moved to Phoenix two weeks ago. Im currently living rent free with a buddy of mine for about 2-3 months before I have to get a place of my own. I really believe in the podcasts ethos of, "Just get y...
Hello BP!I have one successful rental and now am under contract to purchase a second one. I am scared and think everyday about pulling out of this one! Because the numbers aren't as good as my 1st one. Here's the d...
Every book I have read about buy and hold investing talks about forming an LLC as an essential part of your business. The line that is repeated over and over is that it protects you from a tenant suing you for everyth...
Hello BP members!I am starting my journey of getting into long term rentals. I am focused on the Houston market currently and looking to buy 5 properties over the next 5 years or less. I currently have a home that was...
Coming from owning only multifamily properties, what do I need to know or where can I find info on what goes into owning/operating a building with NNN leases?I am looking for multi-tenant commercial retail/shopping ce...
View report*This link comes directly from our calculators, based on information input by the member who posted.This looks like a pretty good deal to me if I could stay on budget. There was one discrep...
Hey All - I'm interested in going through with a multifamily value-add project. I've been involved for a few years now on the investing side and have worked with a few developers/owners. However, most of my experience...
Hello my fellow members, as always I post my question with great hope that you help me with your insights.
We had tenants(4 girls) for a year who just moved out from our house in Kirkland(Washington state). We have...