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There is a great discussion on BP about LLC usage and caveats for REI properties here which highlighted the need for competent CPA who understands these waters. This may seem self-evident but can I get some feedback f...
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Hello BP fam!So what are your thoughts on providing a Bed Bug addendum along with your lease agreement? Is it legal in your state? I reside in Minnesota, and do not see anything that prohibits from having tenants sign...
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I bought a house cash to flip on April 17.
On the HUD I have this for title
1101 Titles Services and Lenders Title Insurance $750
1103 Owners Title Insurance ...
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In 8 years of landlording, I haven't come across this one yet. I got a call from my Sunrise, Florida tenant on Saturday, saying he and his wife are out of state on vacation. Their mother-in-law stopped by that afte...
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Hello Community team,When you do a BRRRR, I am finding out that there is a 6 months seasoning waiting period ( DSCR ) before you can cash out refinance, so we can evolve our funds to go to the next property to purcahs...
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If my primary home is free and clear, are the home insurance and property tax considered debt? There is no escrow account and it does not show up on my credit.
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I've been deeply immersed in researching real estate investments since I recently had a business sale that resulted in substantial capital gains. As I explore my options, I'm particularly interested in funds like Tril...
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The Miami market is continuing to show price growth and some inventory growth. Inventory for single family homes continues to be very tight and I see the best opportunities to invest in single family homes in establis...
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Hello Everyone,I hope all is well! I just closed on my first 3 unit. The building came with 1 tenant who, so far, seems to be very courteous, clean, and pays on time. What more could you ask for right? With that bein...
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We are currently renting a space in a strip mall and the landlord is willing to sell the unit to us. How does the process work? Do I need to get a commercial real estate agent or do I need an attorney to look over the...