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Hey BP, I'm prepping to make my first offer but I have a habit of wanting to check every detail which brings up a lot of questions. Should I have an LLC in place before closing my first deal? Thanks for the help!
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So there is an apartment building with about 25 units in it. I know the owner, she actually watched me grow up. She is getting too old to keep the building. So I presented to my significant other to possibly buy the ...
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10 unit in Cleveland, OH. Only 5 tenants and gas bill is $700/month. Is it me or is that high?
What change/upgrade should I do to reduce this bill other than charging the tenants a "utility bill"?
Any help/advice ...
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We purchased a SFR in Murrieta, fixed it all up, and hired a property manager to rent it for us. About 6 weeks after we closed, he found a self-employed tenant with a 730 FICO and over $20k in the bank. Our new tenant...
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I purchased a house last year. I did not have the property surveyed. It appears the property line is in the driveway, with me owning most of the driveway. The driveway is shared with a vacant lot. The man who lives in...
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Over the last few weeks or so, I've been speaking with a gentleman who owns a parcel of land in Concord, CA. The parcel is 1.18 acres. Currently, there is a house sitting on the lot that needs to just be torn down. Th...
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I understand the basic protections afforded by the LLC, using a separate LLC for each property in theory provides the best legal protection against other assets. However, having separate LLC for each property seems li...
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Hello BP I've been thinking about investing in Detroit and wanted some help before threading into unforeseen territory. What is your overall feeling about Detroit? Is the Economy picking up? What things should I look ...
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We are converting our studio unit to a mid-term rental. First time, newbie here and was wondering if there were any guides or books others found helpful when setting up for the first time? I know it needs to be furn...
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So I have a house I am going to be selling in a couple weeks in the Clearwater Florida area, but I’m confused about what the agents are saying. I have it narrowed down to two agents, one has more general experience i...