Kennedy Luckey
Trying to buy first rental property
Hey there,
New to investing and BP here, and I've been looking at buying my first multi-unit rental property, but I've encountered a dilemma. I have about 230k saved and I have great credit. However, I've been unempl...
Paul DeSilva
Real Estate Boom or Bubble
Hey BP,
The NYC surrounding areas are seeing HUGE amounts of activity in Real Estate since the reopening has started, so much so that all the local newspapers are talking about it. Over asking price offers just days ...
Nate Truxel
FHA - required live in time
If you want to get an FHA loan on a rental house how long are you required to live in that house before you rent it out? Also, will you be able to go out and get another FHA loan for your next house wether it’s a rent...
Stacey Nelson
Best practices for creating an LLC for multi state properties
I am excited to expand my rental properties from 2 to a lot more, but need to create an LLC. I have a rental in Maryland, but live in Utah. Do I need an LLC in each state? I read you should have an LLC for each separa...
Daren H.
Do You Breakdown Your Offer Price to the Seller in Detail?
Hello BP, I have a newbie question. I am interested in making an offer to a private seller on a property I would buy and hold. The seller is a burned out landlord who is looking to sell. Anyway, when presenting my off...
Kelcee Lucero
Best Property Manager in Indianapolis
Who do you use as a property manager if you live in Indianapolis? We our out of state investors and need a rockstar property manager
Daniele Rosman
How many loan applications should I submit?
I'm new to real estate investment and have spoken to a few lenders. I had thought that I should send applications to quite a few to get the best rates/offers, but one lender told me I should just pick 1 or 2 and apply...
Renee Thomas
Should I put my college daughter on the lease of my property
I own an apartment building as an LLC - one unit is 6 bedrooms and one unit is 5 bedrooms. My college daughter will be living in one of the units with four other roommates. She will live there 3 years. We intend to ke...
Bryan Hogsett
"CA Real Estate Investor" . Cover up?
My PM in NC referred to me as "A California Real Estate Investor" multiple times in somewhat of a condescending way like I was rich. I felt like she didn't get me fair bids and even think she lied to me about getting...
Keith Hackett
Refinancing from personal property to LLC
Living in VA “owner occupied investment” property. VA funded home requires I live in the home for a period of time. My hope is to create an LLC and when I leave the home, somehow refinance it under the LLC entity. Any...