Hello BP Team,I'm an out of state investor looking to purchase a cash flowing property in the Charlotte area within the next month. My question is: do I really need a property manager for my first rental property?Than...
Hi all! Brand new into the real-estate investing world and could use some good advice. I currently own a 2 bd/2bath condo that I’m looking to rent out. Or should I say, I currently own a FHA MORTGAGE on a 2 bd/2bath c...
I asked this in the landlord forum and didn't get a reply (let me know if I'm stating it incorrectly please):
I have an offer accepted on a property that is 2 three bedroom duplexes, and 10 garages. The price is $53k...
Hi guys. Need a bit of advice here.I have a multi-family building as an investment property here in CT. It is held under an LLC.Property value 190k (for 2 lots next to each other - 1 for the house, the other is an app...
https://www.airbnb.com/openhomes/covid19reliefIs anyone doing this? On one hand, my homes are standing vacant so it seems like an incremental cost (utilities, cleaning), on the other it seems like a major slap in the ...
Hi BP Community, First post - feels like I have been listening to the podcast and reading the forum for an eternity!I am hoping someone could give me some guidance on forming a LLC. I am about to close on a multifamil...
If I simply want to manage a few properties for my dad (collect rent, do small projects, coordinate repairs), do I need to have a license for that?Can I just establish a small business (sole proprietorship) and file a...
I am looking at a few single family homes in SW Indiana and Earthquake insurance is quite a bit more than I expected. For investors that have rental homes in this area do you pay for earthquake insurance? If so do y...
Question I have is whether I am potentially handicapping myself in the long run by taking out conventional owner occupied mortgages on properties now. If I should be doing my mortgages through an LLC, which will have...
Hello BP community,
First off let me start by saying that I admire this community and simply think that you guys are awesome!
I am in need of some basic deed terminology interpretation. My mother and father in-law ...