So I think it's best I start an LLC for my vacation rental. It's doing much better than expected and I want to protect myself. I have no idea how this works. In fact I heard on a podcast where a guy started an LLC aft...

Hi All -Must an FHA loan be one of your first 4 mortgages or is there no relevant restriction? To put it another way, can a 5th+ mortgage be an FHA loan? Are there any other relevant considerations surrounding the num...

Hi everyone,I am a senior in university and my final finance class requires us to write a thesis type paper (research paper with "significant original contribution" to the topic) and so I was hoping to spend this time...

Hi thereI bought a townhome in Oceanside, California back in 2016 for 445k. Its 3 bedrooms/3.5 baths in a gated community and a 15 min walk to downtown Oceanside/the beach.  Id say its worth about 590-600k.  I have gr...

I’m in the process of purchasing 2 properties both are Duplex and all 4 units have tenants. I’m currently lost on what type of insurance to get. I currently use Liberty Mutual for my home. However I’m hearing things ...

Hi, I'm newer at this.  I have written minimum requirements for renting our houses that I share with prospective tenants which includes ">600 credit score.  Pattern of financial responsibility".This couple sent me ...

I've just come under contract for a 12-unit apartment in Spokane, WA that was built in the 70's and remodeled in 2014. Purchase price was $720,000, and I intend to hold on to the property for >5 years. It is not pa...

Sometimes, what you think might be a "deal," just might not be. Or you over-analyze a deal until you talk yourself out of it. Maybe that's where I am on this deal. So I'd like some advice from experienced BP'ers in th...

Hey BP!New investor here and I'm currently looking to buy my first rental property in the Philadelphia area.  I've been shopping around for properties and I've been working with a broker to determine my financial opti...

Today I looked at a 6 unit property.  I like it alot but who cares what I think or like, especially if I never purchased a mutlifamily property before.  I learned that the numbers matter the most.  Please give me your...