Sorry in advance for the novelI bought my 1st rental property on aug 28. It was a duplex and in september I converted it into a triplex. The property came with tenants living in 1 unit month to month and the owners ...
Hi everyone, I own a few small multi-family properties (8 units total) and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...
Hi BP. My husband and I own a fourplex and our neighbor/tenant has been paying rent later and later each month since she signed her lease in May. She is honestly not someone we would have rented to if we'd had control...
About 10 years ago, I sold a house with seller financing. I closed at a title company. They recorded my deed of trust (mortgage). The buyer stopped paying me. I discovered that she sold the house a few months ago b...
What cities do you all consider the best long term investments? I've had my eyes on western suburbs of Detroit and suburbs of Dallas TX like Fort Worth.
Hi folks - first post. I'm in Austin and new to BP.
I have owned a few SFH rentals and would like to expand my investments and am open to other types of properties.
If you had 170k in a 401K what types...
HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
Hello BP Community!
I have a rather bizarre situation and was hoping for some insight. I have a duplex (two units, one address) and rented out one unit to tenants and was keeping the other unit for myself. The tenant...
I’m looking to break into REI with wholesale deals as a way to raise capital for personal investment properties. When it comes to getting a seller to sign a purchase agreement, how are wholesalers showing POF even tho...