Per my accountant's guidance, he suggested I set up two LLCs for liability reasons. A holding company that owns the assets and another that deals with PM/tenant activity. On the deed, TABS Holdings LLC owns the proper...
Hello all!Quick question! I am newer than brand new in real estate investing. Actually, I have not even dove in yet. The reason...?My wife and I are trying to secure our personal and permanent residence first (And I a...
Does anyone give a discount to their renters for paying in advance? I have yet to do this, but when I talk to friends and family that some of my tenants pay me 3 months at a time they always ask me if I give them a d...
Hello everyone! I'm new to the BG family, and have learned so much from all of the articles and forums. I'm analyzing my first deal, and wanted some opinions.I'm looking at a 6-unit building, with 2 efficiency's and...
I'm looking at a property right now that is multi family and has a significant value add potential. However, the current numbers show it's a dog.I'm fairly confident I can get the seller to let me manage it for a few ...
Hello BP nation! I've been working diligently all year to clean up bad credit and I've finally been approved for a loan. Not sure if I'm using the correct strategical term, but I planned to "house hack" a duplex for m...
Hello everyone. There is a duplex that I would like to purchase however the owner will not go down on the price and insist its a money maker at the asking price of $115k. All utilities are not separate and I would hav...
Hi All,I am looking for any advice, thoughts or someone to just tell me I need to move on. I placed an offer that was accepted on a good size plot of land that connects 2 different streets and has 3 separate units on ...
I'm closing on a rental property on Friday. The title company called and asked if I wanted a survey. They said that since I'm paying cash, I don't have to have one. I told them no I don't want one. What do you gu...
Hey there,
I'm almost ready to purchase a house hack and have found some good deals right off the MLS. Trouble is that I don't yet have long-term employment in place (just moved to the area a month ago). I really wan...