How many people out there thought rentals were the path to wealth? Are any of you questioning that now? I guess there is a good argument that eventually things will go back to normal and rentals will once again be the...
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I have quite a few STR's that were decimated by flood/storm surge with Helene, and then Milton came to finish the job with wind. All of them are uninhabitable. It will take many months to remediate and rebuild. These ...
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Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...
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Hi BP,This post is sort of a long one. Any response to any of the questions is much appreciated. Feel free to ask for any clarification. This is my first discussion post as an investor and plan on using the advice you...
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So I have made the decision to enter the world of wholesale and been learning tons on all the helpful and insightful posts on BP. As you would expect I have plenty of questions like how to build my buyers list? What a...
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Good morning BP universe!I recently purchased a pair of 4 families in the St. Louis county area, and I am a total virgin when it comes to this. I want to sub meter each unit's water, so I would non longer have to bear...
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Has anyone experienced losses or failures (i.e. significantly less than expected return) through participating (GP or LP) in professional MF syndications? If so, can you share? What went wrong? And what was the outcom...
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Hi there. So I recently had a house fire in one of my rentals and I am looking for some advice as I have not been through this situation before. I was hoping someone out there could provide some guidance and things ...
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My husband just went down in our tenants basement to replace the smoke detector and discovered water marks from a very obvious recent flooded basement. My husband texted them to see what happened in the basement and t...
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Hi,I have been asked by a recent contact about my interest in taking on a short-term loan backed by a property in the Chicago area. The property is currently occupied and the owner plans to fix it up and sell after th...