Hey Everyone, I'm pretty new to all of this still and have been listening/reading BP for about a month now. What I am a little confused about is how people with little cash can afford to buy and hold. If you spend a l...
Hey BP community! I’m wondering if anyone has had any experience with either owning or building multiple ADU’s/cabins on a single property in the state of Vermont. I understand that you have to apply for state permits...
Hello BP fam,Need some advice. Purchased a 3 fam in Jan 2024 built in 2016 in an appreciating expensive market across the Hudson River from Manhattan NY. 2 units were vacant on acquisition and completed rehab in July,...
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 have a property with a house up front and a studio duplex in back. I was just informed that all the mail goes to the front house. The house is in the city limits of Klamath Falls, Oregon. I just wanted to see if any...
I have a savings and checking account for my llc, and each property, all under the same banking app. I also have a separate mortgage account for each property. When you add the accounting into all of this, it’s been q...
Hello everyone, first, thank you ahead of time for reading this. I am a new REI and have decided to start my new career in long term holding rental properties instead of flipping, in pursuit of the financial freedom a...
Hello all! Was wondering if I could turn one of my spaces into an assisted living multi-tenant facility as it’s in a great area for it and can be changed with a reasonable rehab. I’m not sure all of the regulations/ru...
I own a 4-plex in Los Angeles and have built up ~$1 million of equity
in the property (bought in 2011, at the lows). I'm considering selling
the property and exchanging into more units (still in L.A.) but I'm
tryin...
HiNot sure if this is the right subforum, let me know if there is another one more fitting for this question.I have recently been exposed to a method of investing, buying properties with cash, then selling it quickly ...