Hello all,I own a two family which I pay the heat for; there is only one furnace.  The furnace is relatively old, so I've always toyed with the idea of separating the heat when that furnace kicks the bucket.  I'm wond...

I have a duplex that has a single power meter for the two units. As it is now, I pay for power. One tenant apparently likes to keep it near 90 degrees in the winter (thankfully today it was 80 outside so her heater d...

Hi There,-Any good contractors you guys can suggest ?

Hi,We all know homes at auctions many times have more than one mortgage. Can someone explain to me how does an owner get two mortgages on the same house?I can imagine the HELOC. But Is there any other way how the owne...

Hello All!I’ve been lurking on the forums and listening to the BP podcasts at every chance for the past month and I am finally making my intro.I am a native Memphian and looking to get started in the Memphis real esta...

Hey I was wondering what people's thoughts were on flipping houses under one LLC. I know in rentals most people set up a separate LLC for each property to minimize liability, but for flipping houses, since it's so sho...

Hi everyone,What are the pros and cons between a local vs. national lender if you plan to invest in multiple states?  I would think for national, you can just establish the relationship with one, then you don't have t...

I have no idea where to start, but 3 of my coworkers and I are interested in investing in rental properties. Collectively we have a budget of free cash that we have been setting aside of 2500 dollars a month. I have r...

Hi there and thanks for taking the time to help answer my question.While researching properties in my local market I've come to see that many properties are owned by LLC's solely dedicated to that individual property....

Hello Everyone!

My name is Kirill and I am from the beautiful state of Washington. I would like to share some basics about myself and what I would like to accomplish in hopes of getting an idea or direction I should ...