Hello all, should you keep flips separate from an LLC that holds rentals? If so, why? Other than asset protection.Is the income taxed differently? I typically like to take title via Land trusts and have the benefici...
Hi BP Family,What is the best way to refinance 12 units made of 3 duplexes and 2 triplexes that are in 1 city but not near each other? All are currently owned in a single LLC. Would such a portfolio be valued using in...
@Michael Evans
hello BP, we're in a tricky situation and in need of some guidance from the community. So straight to the question!Is it legal to put a contract on each structure in a multi-family property that only h...
I currently own a handful of properties and know I need to get ownership under an LLC. That said- I’d love to hear the pros and cons of putting all properties into one LLC vs. each individual property being in its ow...
The drama with my rental in Hawaii never ends.I just found out that the tenants, who are married, are going through a marital separation right now as the lease is coming to an early end (I got them to sign a Quit &...
Hi,This seems like something I should know as a managing broker but.... My brokerage has a PM Co. and I want to open my own separate from theirs. Can I, as an agent with a managing brokers license open my own PM under...
Hi all,Looking for some advice/direction- So I have 3 SFH rentals that are close to being paid off, 1 house that i live in with tons of equity and a nicely cash flowing triplex that i just bought. i also have a busine...
Friends: I’m looking to create a new front entrance for house basement. I was wondering if anyone has done this recently &what was the cost? Home is between H and 3rd St NE Washington DC. Advice and recommendatio...
Need some help here... I currently own a brand new paired home (just one side) in the city of Denver, CO. The house currently has an unfinished basement that is way too big for my family needs. After listening to BP p...
Hi there! Just to prepare people - this is a long, detailed post. If you don't want to read everything below, the shortened summary is this: I am planning to start acquiring homes and renting them out to tenants. I ha...