Here is a strategy I've been working on. I have a business where I design products and have them mass produced in China. I ordered over $200k in wholesale orders last year, so I am very familiar with the whole China p...
Hello BP,I am in the process of closing a deal on SW Side of Chicago. The building has outstanding code violations from prior to rehab. After talking to a city representative, he stated that the building had an initia...
I just had a tenant move in the beginning of this month, and the tenant has sent a long list of requests:1) Some of the blinds in the kitchen are broken and don't work.2) The front door is difficult to open and lock.3...
Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
This is a question I hadn't considered until a couple days ago, but here is why I ask it. I'm new to investing and want to start making money, and I'm also committed to learning everything I can about whatever I get s...
I recently bought a new rental and the previous property management told me I need to get a lead paint inspection every two years in Cleveland, does anyone know anything about this?
Thanks
Hey all, and thank you for your interest in my endeavor. I am posting today to request any feed bad on a deal that I am contemplating. This would be my first deal and want to cover all the bases to ensure I am not bei...
Selling on owner financing is a key exit strategy for my real estate business, and the new Dodd-Frank Act regulations are really throwing a wrench in it.
A few investors and I pooling money together to hire a...
Greetings BP family,I have a duplex in Whittier, California. Both units are identical: they are each 3b1b, 1,035 sqft, and single car garage with street parking.Currently I have 3 groups of tenants who I'd like to ren...