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Hi everyone,First time poster here. I work as an attorney (in a field unrelated to real estate, unfortunately) and plan to purchase property in the coming months with two long-time friends, one who manages his parents...
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We bought, rehabbed and rented 7 SFH's this year, which is by far our most productive year in RE. We have it down now to where we can do a pretty full rehab in 30 - 45 days.
I didn't expect that we would do so many ...
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Would you ever consider putting up money to invest in an LLC where there are other investors doing the same thing (who you don't personally know)? I've recently been made aware of a group that essentially puts invest...
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Hi Everyone,
My wife and I are looking to begin our real estate adventure over the next few months in multi family homes . One thing I keep wondering about is if we should for an LLC or a corporation of some sort to ...
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When I was in college, I rented a house with my roommate in upstate New York. My landlord would fly to Florida from the months of November to March to avoid the cold. I would mail him the rent every month. If we ha...
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Hello everyone!
I was just curious to get feedback on when hiring a property manager would be appropriate. Do I need one after my first rental property? I am willing to deal with tenants, research companies for r...
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I'm starting to systematize my fledgling real estate business so that I can scale it in the coming years. Listed deals in my area almost never pencil, so I'll eventually need outbound marketing to scale. I'm debating ...
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Hello BP World!I have been on BP for less than one week now and I love it. I get lost in multiple posts and podcast, all of which just adds to my excitement and interest to get started.I currently reside in Los Angel...
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I bought a condo a year ago at an auction with cash. I renovated it and now rent it out, it brings in a pretty good dividend compared to having that same money that was just sitting in a savings account. I also alread...
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Hi Everyone,Since I don't want to leave money on the table, can someone please give me the "in a nutshell" explanation to the following questions:1) Should I set up a revocable or irrevocable land trust on each proper...