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Looking at buying my first single family rental. Do/should I set up a trust first, or buy the rental first, or set up an LLC then buy the rental, and then assign the trust as a member of the LLC? I'm eager and exited ...
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I'm under contract on a local house that I plan to turn into a legal duplex. It's 3/2 up and possibly 2/2 or 3/2 down. Deals are hard to come by in my market and this is at a good price and a good cash flow. The pr...
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Hey BP,I'm in search of guidance/advice on how to best accomplish my REI goal. I'm looking to purchase/control around 10 properties in the next two years in a specific market. The market that I am looking at is a very...
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Curious about everyone's thoughts on this. 2020 was a weird year for so many reasons, but one result of the pandemic here in Chicago was a temporary decrease in Assessed Value of properties for the 2020 fiscal year. O...
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Hello BP! Short time reader first time poster. Facts: List REO price $88,900. Cash or conventional. Listed for 65 days (I know it's longer but listing was allowed to expire and then was relisted). Reduced $5,000...
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Hey guys and girls,
I am looking to start house hacking soon and plan on renting some of my extra rooms out to friends. That being said, should I get them to sign a lease or not? It will probably be on a MTM basis s...
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Hi,
I’m in the Atlanta area and am having trouble finding a reliable contractor who can remove a load bearing wall.
I have one estimate and i was hoping to get feedback as to whether or not it’s a good price.
It’...
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Hey BP! I am just starting out on my real estate investment journey and I need some advice. My wife and I have the opportunity to buy my mother-in-law's house for a good deal. She is willing to sell it us for $250k, a...
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Hello,I have about some equity in my primary residence. I am in the process of moving into another property and was going to sell my current home and use the funds to purchase more properties. I recently heard a pod...
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I'm trying to buy a duplex. Part of the agreement was to move the tenant on one side out so I could move in. The seller is having trouble finding him a place- he's a disabled veteran. They were on a month to month lea...