I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...
Hi All,
I am in the process of purchasing my first investment property and found one with great numbers but inspection found knob and tube in attic and some in basement. According to the listing/owner the electrical...
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
In my neck of the woods, prices have gone completely insane. With interest rates going up, I'm simply not finding properties that will cash flow. Is it more important to keep looking for a cash-flowing rental or is it...
Let's not be coy, we overpaid for this lot, but we knew it going in this time...which is a refreshing change for us. We bought this lot as a marginal deal thinking that if all went well we'd be lucky to make $30k and,...
Welcome to the new Question of the Week! It looks like estimating rehab is a big hurdle, so let’s get talking!
Make sure to vote in our poll and mention your location and average in our post. If you can give ballpark...
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...
This is a bit of a rant, but I had to get it off my chest.California, following in the footsteps of Oregon, once again is acting with emotion and without reason or a sense of how economics works by passing a cap on re...
Ok BP friends...I've spent quite some time analyzing this deal. I still have some due diligence to do like go out and take a contractor on the property to see if it needs any fixing up. First question to that...should...
Hey guys, I'm looking to purchase my first real estate property this year and according to my analysis, househacking a multifamily house here doesn't make any sense, I feel like I'm missing something. Here's an exampl...