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Thanks to the great advice I got from the folks on this forum, I now have a great tenant in place for my first rental starting 6/1, and we are putting an offer on a duplex later this week, so exciting! So naturally I'...
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Hello BP, I’m in need of some advice.A few days ago a contractor working on one of my out of state properties was shot. I found out that this was the result of robbery gone wrong. The contractor and two of his workers...
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So I’m 23 and I live in Augusta Ga. I lost touch for a little while but I finally have a good sum of money to put down on my first house. I’m trying to absorb what I can like a sponge to learn. I’m young and My goal i...
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Thanks for reading this post.I understand that setting up an LLC is not required in RE, and if anything it can be a pain to file returns depending on how you set up your LLC's.However, I am looking at a couple of prop...
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I found a property that is scheduled to go up for auction on Tuesday 11/22/22. Looks like it has been postponed once.
The house is paid off. It was last sold in the 80s for 172k.
BUT an equity loan was taken out on...
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I have a possible tenant stating they do not have to pay a non refundable pet fee to have two small dogs live with them in our property because they are therapy dogs for her dad of which she is the caretaker for. To m...
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Hey BP, So I live in Los Angeles, land of Rent Control.. There are rent control buildings that have hit the market and they sit for a really long time because either the seller doesnt want to the reduce the price enou...
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Hi All,After spending time out in Colorado and the surrounding areas, my wife and I are set on moving, specifically the Erie area. After looking at a lot of properties, we found one we really like and are considering...
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Hello all! I have been back and forth on the idea of setting up an LLC for 2 rental properties (each 3 units) I currently own. I live in one of the units with my family. I've been doing some research on pros and cons ...
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I was once told an interesting "trick" by a seasoned RE Investor. He said if you could find an investment property (say a SFH rental property) that was owned by an LLC, that you could save lots of money on the purchas...