My Husband and I own 3 houses and two of them are rentals. He wants me to put the rentals under an LLC. Now I know an LLC is to protect you in the event of being suid, but if we have good insurance polocies, does that...
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HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
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So I know there are a lot of "Rules of Thumb" on the Residential side of Real Estate. As I try to transition into Commercial (Retail) I find that I have no idea on how to perform the proper analysis. What are the Ex...
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Over the past 6 months I have been on a serious hunt to purchase income producing parking lots & structures across several markets. Three offers made so far but no deals. I just wanted to share some of my thought...
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Goooooood morning BP!
For my next property, I have had the vision to break into the small commercial multi family space (6-25 units) on a local level, and have taken action and started the journey down that ...
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Hello, wanted to quickly introduce myself.
I'm Mike, married with two young kids living west of Minneapolis and I turn 40 this year. My wife and I both work and have contributed enough to our retirement funds that w...
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I am attempting to begin my real estate investment business. I have been getting mixed reviews on whether the practice of wholesaling is legal or not. I've read that the benefits are that you need very little capital ...
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I want to buy rental units in Ohio and I currently live in San Diego, CA. If I am keeping my 9-5 job and only collecting passive income, do I need to register/create a LLC in California and Ohio or just Ohio? My long ...
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So I am buying a property through a wholesaler, I already put down 7k of earnest money on the property, a hard money lender who I am working with (and got from the bigger pockets lists) asked for a "Good Faith Deposit...
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Hello BP community!I have read many articles and have even noticed as an agent the slowdown in rentals these past few months. I have very solid tenants and I always increase rents in my properties. Granted, I am very ...