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Can you break down the benefits of forming an LLC? Putting rental homes into an LLC
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I rent a house to four tenants and one is moving out. Does anyone know how to take one tenant off the lease and add a new one? They are all under one master lease, so I would assume it is a sublease? Does anyone have ...
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Hello BP, I'm primarily looking to buy and hold, but I don't have enough saved up (nor will I in less than 12 months) but while thinking on it today I think I may have found a solution. I'm not sure how realistic i...
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So I am basically out of savings while I sit here in Orlando Florida waiting for a few months already trying to figure out my first move in real estate.I quit my job of 12 years in New York because of my dreams of bei...
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Hello BP,One of my friends is renting out a home that was foreclosed 1 month ago. It is owned by the bank now. It is in a prime location in San Francisco. The inside is nice as well as I have seen it to visit my frien...
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We have a duplex and are working to make it legal. The city doesn’t require us to have two water meters but we’d like to track it some way so we can charge tenants based on their usage if possible instead of a50/50 sp...
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Sorry if this is not the correct category, I wasn't 100% sure where to post this....
I am interested in purchasing a piece of property that was foreclosed on and the bank purchased it back at the foreclosure ...
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I'm assuming a VA loan on a $407,500 property. The original mortgage was for 340k. I have 77k in cash that I can use to bridge the gap. The mortgage would be at 2.7%. The property is a brick 2200 sq ft 5bed/2 bath fro...
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If I take out a line of credit against my primary residence and lend it to someone for a fix and flip, is that considered brokering since I'm lending out someone else's money? If so, would a brokers license be required?
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My friend came to me with a question? He asked - how can I (will) my portfolio of multi family and strip mall commercial real estate to my family, without them having to pay any tax or is the even possible? I wasn't e...