Rob Krin
The RIght Structure - am I getting ahead of myself?
Hi BP CommunityRob from Central NJ here.So I'm wondering if this question is a bit pre-mature considering I haven't bought my first proper investment property yet. I own 1 rental in a 55+ but it is occupied by my wif...
Chris Pflum
Due your flood zone dilligence
If you haven't been paying attention, there are new flood zone maps currently in the public discussion phase that are going to be instituted next year. The Tampa Bay area is going to see a significant amount of prope...
Liliana Allison
Preparing to close on apartment complex
Hi BP,I am getting ready to close on my first 8 unit apt complex. I would love any and all advice as to what to do now in order to make this a seamless transition. For example, I've read many say they send a letter wi...
Robert D.
If you were me....
Soo... I hate to resort to this type of question but I have read and read and read and read and then Ive read some more on the subject and in fact am still reading on LLC & CORP with their different tax designatio...
Judy Graff
Turnkey rentals? What cities are good this year?
Hello, I last asked this question about nine months ago, but of course, things have changed. I have California clients looking for turnkey SFRs and small multi-families for a buy-and-hold strategy. What cities are g...
Lee Common
What's going on across the pond?
well due to the whole financial crisis and government takeover of one of our biggest mortgage lenders all the mortgage companies made their lending policies extremely strict and realistically now a buyer needs to have...
Ashly McGlasson
Insurance for 12 unit property
Hey BP,
So, we are under contract for a 12 unit property, specifically 2 6-units buildings. We are having a hard time finding insurance, and knowing what would be a good price for it here in central Illinois where i...
Robert Sadra
first time creating an LLC would like advice
Hi everyone, I own a rental property and would like to create an LLC. This is my first time doing this and would appreciate your input on two questions I have. My first question, in what state should I create my LLC? ...
Alex Cabej
Homeowners Insurance Query
I noticed my hoi coverage is for more than my mortgage on the house. Before I contact my insurance to lower my coverage and pay a smaller premium, I don't want to sound foolish. So I want to check first, can my mort...
John Landmark
Rental Cap Limit 30% ??? Any options before to buy?
Hi! I'd appreciate any help here. I just wondering any work around to rentals to avoid to be trap in Condominium rental cap. The manager of the association where I plan to buy (for rental) just told me that they have ...