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Hi BP fam,
I am curious to hear how some of the more experienced multifamily operators have created strong relationships with brokers. I think this is a pretty common obstacle starting out, but with no experience or ...
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The water & electricity are both turned off on this fixer upper property that I have under contract with the wholesaler. Do you recommend that I get an inspection report? I plan to hire a GC to manage all the diff...
This is my first post, and what better way than with a hypothetical sticky wicket?! You have debt with 3 people. You only have the money to pay 2 of them. The lenders are a bank, your parent, and private financer. Whi...
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I bought my first house in cash back in 2011. I moved out in 2014 and rented it up until last month, then sold it. The property sold for double what I paid for it, so i'm sitting on about 150K in cash. I'm wanting to ...
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Good Morning Everyone!My name is Jeff and I live in the Norther Virginia area with my wife Shelley. Like many other newbies, I've been lurking on BP, listening to podcasts and webinars, and getting a sense for the to...
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I was recently talked into electing to not renew a lease with tenants and put my house on the market by a real estate agent. The comps she showed me justified getting out of the area and investing in more up and comi...
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Yep—another newbie here, wondering what I'm missing ... I have only recently learned that owning my properties free and clear puts me in a more vulnerable position for liability and know now that I need legal asset pr...
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I am considering using a SDIRA to purchase my first property and am hoping the BP community can answer some basic questions.1. Can I manage the property or do I need to have a property management Co? I understand I ca...
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I currently have a LLC registered in the state of Illinois. If I were to buy an out of state property, what's the best way to go about holding that property? Can I hold it in my Illinois registered LLC or should I cre...
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Hey guys, my situation is a little tricky so I was wondering if I could get some input from you all. This is kind of a “what would you do” question. Thanks for reading!Current situation:I have five townhomes in the Mi...