Jake S.
Should my LLC be in the state my rental is in
Hey guys! I am buying a rental down in Louisiana and was wondering if I should open an LLC in the state of LA or is my home state fine? Is it advisable to use an LLC that owns a short term rental condo?
Nicholas Kutsch
New Chicagoland Investor Looking to Connect
Hi BP Community! I am a fairly new investor with two properties in NE Illinois. This community has been a huge resource to me and I'd like to become more involved. I've had a lot of fun and success in the STR market a...
Nick Zias
ROI for Sober Living Homes?
Hi everyone,
Does anyone have experience with sober living homes in the LA area? Specifically what expenses are like and what type of returns can be expected?
Phillip Jordan
MHP design best practices
Hi. We are under contract on a piece of property for a MHP development. Our ultimate goal is to be in the lot rental business, though we will probably have some park-owned homes up front to kick off the development....
Akash Y.
mortgage for second home vs investment property
Hey guys a quick question. I live in Canada and want to purchase a second home in California to use for me and my family for vacations and to rent on Airbnb when I'm not using it personally.Speaking with a cross borde...
Justin Rademacher
What resources do you use to calculate projected nightly rates?
I don't have any "subscriptions" but I currently use AIRDNA, Airbnb, along with VRBO to calculate occupancy and nightly rates. I currently cross reference these resources to come up with an "average" and use that numb...
Brandon Gentile
Greetings from Clarkston, MI
Hello BP community! I am a new member for about a week but have been studying for my real estate exam I am taking this week. My plan is to work for earned income which I will then turn in to passive income through buy...
Christian Latimer
Buying friends house
Conroe, TXMy friend is moving. The house is in a good school district, great neighborhood. Bought in 2021. I want to buy it as a long term play. However, it would be cash flow negative if I were able to assume the mor...
Francois G.
Convince Me Why Buying All Cash Is Beneficial
Hey Guys,The name of the game has always been leverage for me. Building wealth can absolutely be accomplished by using credit, OPM, etc. Every now and then, I come across that investor who buys his properties all cash...
Prasanna K.
Self service property management platform recommendations
Hi all,
I am a busy IT professional. My realtor would be helping in placing renters for my first local rental property. However for ongoing management, a full service property management company would be an overkill....