I came across a property and taxes for that are low. The seller said he will create a new llc and transfer the property to that llc, then I can buy the llc. This way the state will not reaccess property taxes. Is it ...
Hi all,I am curious to hear how to go about preparing their criteria/checklist that I should look in a potential investment (for Buy and Hold rentals), and what indicators I can look at in order to maximize my investm...
Goodmorning BP fam! I need your help trying to figure out a fair acquisitions cost for a joint venture deal. I’m currently in contract with two family friends on a property in my home town. Using none of my own capit...
I purchased a 3 family for 77k. After repairs it will be worth around $150k resale value (TOPS). The insurance company refuses to insure me below a rebuild cost of $880k. I know this 3 family isn't worth anywhere near...
What's the best way to handle lease renewals?
I've been doing this landlord thing for 12 years now, but I'm just not happy with the way lease renewal time plays out.
FYI, My NC rental agreements are all month-to-mon...
Hi everyone on BP, I recently closed a 4 family house in Massachusetts in June. The house has a 1BDRM, 2BDRM, 3BDRM, and a 4BDRM. The 1 BDRM and the 2 BDRM are rented from before and are close to paying for the mortga...
A user from another forum suggested"Thats what conditional leases are for. All it takes is a few lines of type to make a bulletproof lease. Something along the lines of a year lease converting to a month by month leas...
Hi everyone!I recently bought a mobile home park in South Carolina and am having a hard time renting the park owned homes. The previous owner had lower standards for tenants, and would lease to anyone who applied as l...
Looking for my first flip. We’re all looking for a deal. I’m trying to determine where I can find the best deal. It seems that auction sites are just in it for themselves and are not really above board. auction.com ha...
Howdy all! I am new to real estate investing and am hoping to get out of the rat race by create passive income as well as building a legacy for my family. I am struggling finding anything in the Metro Detroit area th...