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I started an LLC at the beginning of this year and purchased my first investment property shortly after. The issue I have is that the LLC was meant for another business I planned on starting before this BRRRR fell int...
Me and my girlfriend are trying to decide whether to rent or buy a house in the spring of next year, she will be 18 and I'll be 20. Our combined income is about 40,000. We will have a car payment of 250$ a month and n...
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So I came to an agreement with my first tenants I've had since purchasing a duplex one year ago that they would leave 2.5 months earlier than their lease expired.Too many problems to list but were basically too rude/l...
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Hi all,There is an eldery lady whose yard I've been maintaining for years. She mentioned about possibly looking to downsize due to age and other factors. I expressed interest in purchasing and she completely lit up at...
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Hello BP CommunityThis is a very newbie post which will be long so please bear with me.I am 29 and recently (last year) bought a 3/2 near a military base,. It was a turn key and I figured I would rent it out to milita...
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Let me get out of the way up front, that my partner is not disputing that I put $25K of my personal cash into the LLC. This is literally a MATH question. (Numbers changed for simplicity.)(To those of you that know my ...
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Happy New Year BP! I'm seeking advice from the collective genius of BP regarding an exit strategy for a fourplex that I bought in April 2017 using an FHA loan for house-hacking/rental income. Going through this proc...
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Which would you say is best for a property owner on a commercial class B office building and why?The property in question is currently on NNN leases, the thought came up today to transition everything over to Gross le...
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Hi, first time poster, please let me know if this is a good plan....I'm planning on purchasing a 1M property with a 400sq ft garage. I have enough for 20% down, but rather I will put 10% down and save the remaining 1...