The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
I'm nearing the end of real estate school and will be taking my state exam in mid-July. I've been reading @Scott Trench's book, Set for Life, and I'm bought into the concepts. The problem I'm having is... figuring out...
How would you invest in your first rental property if you had $10K? I am going to get a personal loan so that I can get started. I want to buy and hold. I live in MA. I could house-hack first and do it through FHA and...
I'm encountering a situation right now, which I will attempt to generalize in this post. Looking to discuss the pros and cons, to ensure I am not overlooking anything on the financing side and understand the risks/be...
I've been doing research on markets for buy and hold for about a month now. I'm checking unemployment rates, population growth, purchase price, rent rates, percentage of renters, etc. and I'm still having trouble iden...
In what had begun last holiday season with me giving away a duplex to a deserving BP member, I want to carry on the tradition.. This year I have a SFR in St. Louis it is in need of rehab.. However it can be a great st...
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...
Hey guys, I've been a full time real estate agent for several years now and up until this year that has always been my primary income. However this year I focused more time flipping properties than selling real estate...
Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?
Hi!So I've been listening to a lot of podcasts and following the forums. I'm from the Bay Area, California and since prices are crazy here I'd like to invest out of state. I have this goal of acquiring a property befo...