For somebody who is looking for their first property, I am thinking about starting an LLC to reduce my liability. Should I look at starting an LLC immediately, or would it be better to wait?
Let me start by saying I dont have any experience with motels but I like the idea as a future project and Im trying to figure out some basics now. Im looked specifically at unflagged motels in semi seasonal resort typ...
Hi,My name is Sohrab and I am from Houston. I Invest in rental properties and I want to expand my business as a property management company, when I research Houston market for management company I can find out two way...
Just saying hello. I just pulled the trigger on a STR/vacation home in South Padre Island. We went in big for our first one, but are feeling good about it so far. We used the BP calculator to make sure it cash flows w...
I just bought a building in April w/ 4 residential units. All tenants were on month-to-month agreements under the previous ownership. All contracts expired after I took over the building. Now 2 of the 4 tenants refuse...
Investment Info:
Other other investment.
Purchase price: $700,000
Cash invested: $28,000
Land Development project. Purchased 23 Acres of Farmland, east of Dallas in the suburbs. The plan is to wo...
Hello all those with self storage investments.I'm writing to get some feedback on a recent investment opportunity in the self storage space in Michigan. I am looking to startup a family business with my dad and sister...
Hey Fellow BP’ers,I’m passionate about US REI and want to get involved in private lending. Other than just loan out my money, I’m looking to build a business around it that could help my fellow lenders. My background ...
I have done lots of reading around here about folks using QuickBooks for their rentals. I am interested in doing something similar, but I’m not sure I understand the capabilities of the different versions and how thin...
I just did this and now I am unsure about it - rented to a new tenant at a rent lower than what I had been getting. The unit had been unrented for some time. The problem is, now it'll be a while until I have the ren...