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I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...
Hey guys, Canadian potential investor here.
I am curious on opinions on buying cheaper sfh, condos or townhomes in the 50-80k USD range. Been on roofstock checking places out and different realtor sites as well. Two ...
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I have been trying to keep my ears and eyes open for any seller financing deals in my area. I would like to get a seller finance under contract then wholesale the deal. I am hoping that this can be a quick way to move...
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At the end of a one year lease, does it make sense to offer them a lower increase if they choose to stay on month to month, and higher increase if they sign a new one year lease (since they would be "locking in" the p...
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Hello BP community,I've had a terrible experience with a PM company in CO. They approved a tenant in Dec. 2023, with 4 prior evictions (latest being in 2018), and some other misdemeanors, and the PM ended up evicting ...
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Hi all! I am now exploring the idea of opening a bakery snack retail store. Currently in the process of looking for the perfect location. I have no experience in commercial terminology and seeking help from ...
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I'm closing on a property in North Carolina - and the attorney office that is conducting the closing has had some significant communication issues, and has done some odd things (sending wiring instructions to my lende...
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Economic Update
(Monday, March 15, 2021)
Almost exactly one year ago, March 11, 2020, the World Health Organization declared a “Pandemic” for the first time in a hundred years. Look at all that has happened in th...
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I currently use airdna to estimate revenue on potential short term rental properties. Obviously this data is based on the current economic conditions. Does anyone have a rough ball park proxy to discount the ADR and O...
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Hi,
I rent a house I inherited from my mother not located where I live. I have a property management company manage it. We just replaced all flooring and did landscaping. Within 2 weeks of being available PM...