Kevin N.
LLC : There are more cons than pros
I'm just a novice investor but the more I read about LLC the more disadvantage i found than the advantages it provides. Cons:cost more to setup, cost more each year to file taxes, can't take out conventional mortgages...
Joseph Nguyen
Assisted Senior Living /Adult foster Home
Has anybody ever done this?Was listening to a Tax Podcast talking about potentially doing this via residential housing. Would be smaller in scale, less residents per caregiver (better quality of care), and less headac...
Emory Clayton
How have you done pet screening?
What is your process for screening pets? Successes / failures? This is my first go at pet screening. I'm using a service called 'PetScreening' where the tenant fills out an application on their pet (birth date, shots,...
Justin Scull
Tenant Damaged Property while house hacking
Hello BP Community, I am currently house hacking a duplex that I purchased last year. When I purchased the property, there was already a tenant in place in one of the units and I moved into the first level unit. The...
Dan B.
Tenant request to split cost of an 'upgrade'
I've hot an interesting proposal from a new tenant. They asked me about splitting the cost of installing gas logs in the fireplace. Total cost $1200. They would pay 600, if they ever leave, they would leave it. Propan...
Ashley Wolfe
Using 100% Home Depot sub-contractors for a home rehab
Has anyone ever done a full rehab using The Home Depot or Lowe's sub contractors and materials?In my newness to house flipping, I find this method to be more reliable than finding a GC on Craigslist. I don't have an ...
Paul S.
140k at 1,250 rent
There are many properties for sale in my region, but may not cash flow. Here is an example (remember that this is California)
$140k for 1,400 sq ft
3 bedroom, 2 bath
Rental rate = $1,250 a month
At 20% down, that w...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Bryan Nwokem
What should I do ( FIRST POST)
Hey Y'all, I had a question on mind. So i found a home, its listed above $400,000 Duplex in the Sunny side Place area, if you are from houston you know gentrification is happening around this are. The home has been on...
Enver Perez
Is this a good deal ?????
I am very new to this real estate investment and have read all the books and blogs I have been able to get my hands on but reading only gets you but so far .... I decided to go forward and invest ...
I'm buying the ...