I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...

Hello I am new here and about to get our first property which is a duplex, $115k purchase price with a conventional loan, 20% down payment and interest is around 4.9%.I received the closing disclosures from the lender...

When you are choosing to keep rental properties to yourself, or creating an LLC, what do you do? Can you still have a rental property business “ while not officially having a title such as an LLC

Cash-out Refi for Florida Condo

$225k, 4.75% - 30 year fixed

Part A

Origination fee: $950 , no points

Part B

Appraisal $635

Credit Report $22

HOA Certification: $150

...

Newer landlord and first time turning a unit.  Tenant said he had no felonies when I screened over the phone. I ran him through Rentprep and turns out he has a felony for "DELIVERY/MANUFACTURE MARIJUANA" from 1998 whe...

Hello BP Community,
I have always had a long debate what is the best strategy when it comes to salting multifamily properties/small apartment buildings. The more units under one roof, the more efficient the cost of s...

Hi again, Trying to pick up some of my research in the STR market in the Smoky Mountain area.  I am putting together a spreadsheet with some costs to help understand a the end game a little more - i.e. cash at the end...

Hello All,As I continue to deal with a difficult retail tenant in our family’s retail center, I wanted to get some input from the community as to what route, you as a landlord would take.Details:Property Type: RetailC...

Hello BP,
I have a few questions:

First
I recently acquired my first tenant in a house a hack. Today I opened up a new checking account with my bank, and I either need to have direct deposit setup with a minimum ...

We have a tenant in one of our SFH, moved in last December, and has paid late EVERY SINGLE TIME (with the exception of the first month.)  He pays the $50 late fee without complaint.  He asked to move his pay date from...