I live in Texas but I have been told it is beneficial to set up my LLC in Nevada because they have better liability protection. it would require more money as I would have to qualify it in TX...is it worth it?

Hello,
My wife and I are venturing in our first property; a small cabin close to Helen, GA.
We have several rookie questions in regards to how to run this small venture, so I will try to be as concise as possible. B...

One of my tenants wants to break her lease early at the end of this July. I'm fine with it if I can find a suitable replacement as she's well below market and her lease is actually set to end in November. It's a 2B 1B...

Hi BP,I had an inspection done on a SFR I plan to buy and hold. Most of the inspection went great, but it was pointed out that there are two layers of shingles for the roof and there are two spots that leak.  I know i...

I have a multi-family and the first floor bathroom seems to be developing black mold on the ceiling (slowly).  There is a bathroom fan but it seems the condensation is still building up too quickly.  The ceiling is a ...

Hello.I'm going to load this introduction with details on what brought me here and probably weave tons of questions throughout.I currently rent, but I've been dreaming a bit lately and looking at 3 flats here in Chica...

In lieu of drumming up cash elsewhere I'm looking at cash out refinancing a home I'm currently rehabbing. I'm not overly concerned with max ARV at this point. Numbers: 113k purchase, ~40k rehab, 300k ARV. I have ~20-3...

I recently joined the BP community and I'm fascinated by the wealth of knowledge here. This is my first post and I'd like to say how great it is to have this amazing resource and be able to learn from everyone. I lite...

Why Worry? Why Get Depressed?Why is it that when we see others in our business, whether that be note investing or other REI, doing so well we get worried or even depressed over their successes and our seeming failures...

I am currently cohabitating as a live in landlord with two other tenants in a multi family setup. One of the tenants has been with us for quite sometime now and the the other tenant has joined us only recently. They a...