I have set a goal this year to purchase 20 income producing rental properties. I've purchased my first property and have caught a snag. The property has plenty of equity but I can't access it to purchase the next p...
Curious to hear opinions on the BP Community's experience with rentals. I am under contract on a 2/2.5 Townhouse that I will be renting out. It has a great roommate floorplan with all living space downstairs and two...
I'm currently in a recourse loan on a MF property and in the middle of refinancing. As I evaluate loan offers I am getting both recourse and non-recourse offers. Of course I understand the desire to have a non-recou...
I understand that I need to hold the tenants security deposit in a separate account... I was thinking of putting into a high yield savings account 1.9% or possibly putting into a 12 month certificate of deposit at abo...
Recently my wife and I had a discussion about wholesaling. She asked me why would anyone want to wholesale there house when they could sell it thereselves for more money. I tried to explain why they may want to wholes...
We own one house and will be purchasing two smaller rental units with cash in the near future and potentially a second home. We have roughly $500,000 in the bank. We will likely start out buying in our trust or an LLC...
hey squad - Curious if anyone knows why I keep getting messages like this on Airbnb. Seems scammy just not sure what they are getting out of it. Thoughts?
Hello friends. I bought a rental condo in Miami three years ago, under my name, with our HELOC. The rent is paid and deposited to a second personal bank account strictly for the rental. So the condo is paid in full, b...
Hey BP,Relatively small time investor with 3 properties in an LLC that is member managed by a partner and me. I'm setting up a living revocable trust for my wife and I. She is not a member of the LLC (not for any fi...
I heard about this off-market deal and I'm wondering if I can make it work. I'll post the property details below but here's the situation:
Owner recently purchased the property this past April (5 months ago) but now...