Good evening BP community. If one were looking at house hacking a multi family property, at what point should you set up the entities (LLC and a trust) ?The plan is to sell primary residence in order to have the equi...
Here is the article that suggests that you can use home for inventory storage. I would love to do this but not sure if it would put personal assets at risk in case of a lawsuit for example defeating the purpose of hav...
My family owns 6 rental townhouses. Those townhouses give us a fairly good income and my parent told me that we don't have to pay any expenses - i.e. electricity, heating, water, etcs. Something under a tenant policy ...
Hello, my name is Paul. I've been on BP for a couple months, reading, listening to podcasts, and trying to learn as much as possible. I am very impressed with the culture of this community, how much others are willing...
I am currently looking at a triplex with a detached garage apt. It is in the Spring, TX area just north of Houston. It is a B to B+ property and neighborhood. Some room for forced value and appreciation. It is curren...
Hi Everyone,I've been doing a bit of a research but I thought I would pose the question out to the BP community :).I am meeting with a Seller this weekend that has a multi-unit property that he is wanting to sell. I h...
I targeted several sewer liens in my area of choice thinking I would receive the interest on them quickly. Three months later, a couple of them now have owed taxes (on top of the sewer subs) that, as the lien holder, ...
I'm looking at 40 units that's split into 4 buildings. I'm doing the do diligence now. HVAC is older (80's), some of the units have been "spruced up" as a tenant moves. There are 6 empty units, all units are 2/1.5. Ab...
Good day all, could you take a look at my flip calculation below? I am working on my first deal and want to make sure that at least on paper it looks ok.Purchase price 85k, rehab 50k, arv 190k. Hard money loan 55% of ...
Hi everyone – I’m a new investor less than a week from closing on my first duplex. One side is occupied with a tenant I’m inheriting (currently on a month-to-month lease) and I’ll be living on the other side. I’ve spe...