We are new investors and are looking to set things up the right way. Our plan is the buy one or two properties a year. After talking to our accountant he recommended that each property by under its own LLC to protec...
A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.
Not only do members need to have an Operating Agreement but the corporation needs to be maintained.
Min...
I have a strict no pet policy, but lately prospective tenants have been saying "but my dog is a service animal." Is there a legal definition in my state of Michigan of a service dog? I don't think I can even ask a pr...
I’d like to share a story about a frustrating experience that lenders in the private money space experience all the time.
We are a private/hard money lender and we get a ton of requests from real estate investors and...
Hey everyone,
I'm brand new to real estate investing and have been reading/researching the different methods people use. I recently stumbled upon turnkey investing and wanted to hear from the BP community on their ex...
While I've learned a ton about investing over the past year or so, I feel like I'm seriously lacking in the area of pre-construction deals. I've got a few questions about finding good pre-construction deals.
1) Wher...
I recently made a offer to a home that needed a little more then TLC. Besides painting, property needed whole new flooring, updated appliances, some cabinets repair, AC unit is on its last leg, water heater almost 15 ...