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What do most rental property owners do? Do they hold properties through LLC or just on their name?Am seeing scary articles about getting sued and attorneys chasing your personal assets on top of insurance cover.
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Newbie to the site and was wondering if someone could shed some light on the pros and cons of instead of taking positive cash flow out of the property, to in turn use a shorter term mortageg with higher monthly paymen...
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Hey everyone! My name is Mary and I'm preparing to purchase my first investment property. My plan is to "house hack" my way up the ladder, starting by purchasing a 4-bedroom house and renting out 3 of the rooms to loc...
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Brand new flipper getting started. Haven't done any deals yet but pretty experienced in renovations. Market is hot here in Nashville, TN and properties don't stay on the market long. Just wondering if it makes sens...
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Im looking for a little guidance here. Currently, I am in negotiation on a duplex. The property is very large and unique and fits our niche perfectly. We do a lot of rentals that are similar to a room share, Airbnb, h...
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Hi all,
We just wrapped up our latest project and boy was it a doozy. We had an exit strategy planned going into this property, but now that the dust has settled, we see whats selling around us and the appraisal is...
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Hello BP,I am putting together my next deal and I would like to try the following, and was wondering if this would be legal, as it is not an "arms-length transaction."Bullet points for brevity's sake:
Purchase REO w/...
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Hi, To get my feet wet, my first buy might be a condo I found. I live in NY so yes, taxes are high in my area . When I use the BP calc it all makes sense on paper. Any advice would be much appreciated. Especially aft...
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I've been managing a handful of rentals for the last 15 years, but you learn something new everyday either about the business or about yourself. I'm writing this as I sit here mid January in the freezing cold when e...
I own a rental house in a hot neighborhood in Dallas, Texas that was built in the early 1950's. People are demolishing the older houses left and right here and putting up larger homes. Last year, the first home on my...