Troy Williams
S Corp or Partnership LLC
My partner/rock in roll sista @Colette Chase and I bought two properties this year and wondering how to best setup our company structure for best liability protection, tax benefits, etc. We just registered an LLC in ...
Darrin Wesenberg
Property in Foreclosure AND Estate without any Will or Living Relatives :-O
This one is a bit complicated, and I'm wondering if anyone can provide any advice... I located a triplex recently that not only appeared to be lived in by a hoarder, but also seemed long-abandoned. After doing some ...
Jay Helms
Replace windows or leave the the 1980 versions alone?
My investment partner and I are under contract on a 42 unit apartment building. Built in the early 80s and very little to no capital improvements since then, the property currently sits at about 50% occupancy. As we'r...
Oren K.
Title Ins & Point of Sale Inspections - Ohio
A question for all the knowledgeable lay title experts around. I understand that this is not legal advice but 'just' the opinions of (hopefully) informed people.I purchased a multifamily property at an auction in an O...
Account Closed
War Zone properties ? too many violations liens?
I have been trying to put together some deals lately but it seems the properties I am getting have so many liens and violations attached to them that everytime I have a buyer it comes back too much? I am curious a...
David Moore
Attended a Twin Cities Note Group Last Night
I'm wondering what the general consensus on buying notes is out there. I went to a note subgroup of my local REIA last night, and it seemed like most of the people attending, myself included, had no idea how to acqui...
Jonathan Breton
Which to pay off faster? Primary or Rental
There is often a question on whether to pay off mortgages or not, but I would like to propose a different scenario.If you have a little extra cash to pay per month (equal to one extra payment per year), would you pay ...
Jason D.
A different newbie
Hey everyone,
My wife and i are from Grand Rapids Michigan....I've been on the site for a while, reading a lot and soaking it all in! I've read the beginners guide (found it very helpful) and several books a...
Account Closed
Convert Special Warranty to General Warranty
Hi this is my first post and I have been reading all the useful information on this site. I am happy to see that most people at BP are very helpful towards their fellow investors. I would like to know by what proces...
Rob Cee
Investing in development deals
If you were going to be an investor in a spec home building project (either one or a few SFR's or townhomes) what types of due diligence would you do? What are the top questions you would be asking the sponsors to mi...