Alexander Thomas Chaney
[First time buyer for Rental property] Do I need to make a LLC?
About to take the plunge into real estate investment. Before I buy a house and start renting, do I need to make an LLC? Or maybe make a business of a different type? If so, what are some good resources? I'm located in...
Tony K.
First Rental Analysis - Deal or No Deal?
I have a lead came in from Auburn, Wa, which is about 30 minutes away from Seattle, Wa. I was wondering if this deal seems enticing to a buy and hold buyer? In my particular market, King County, properties prices a...
Devin Berrian
Need help understanding terms of private loan offer
Hey BP community, Here is a little bit of background on our current deal:5/3 SFH on a quiet residential street in Hudson Valley, NYList price: $135,000 Taxes $6,000 Very good condition, HVAC systems are 2009 or newer,...
Sergey Perevalov
Good or bad deal? House in Haines City, Florida (Orlando area)
Hi Everybody,looking to get an advice. I got a house through an auction in Haines CIty, Florida (1117 Avenue H, Haines City, FL 33844) for $10K. It's a small 800 sq ft house but looks solid and it's made of masonry. B...
Michelle LaRue
Need Help Buying a Deal! What is my first step?
Hi All, I recently came across an opportunity (like today) to purchase a SFH for $50,000 cash. ARV is approximately $150,000 conservatively. It needs less than $10,000 work. The owner inherited the home via a death in...
Leigh Ann Smith
How to Read Flood Zone Maps
We are looking at property in the Houston area, so flood zones are always a concern when evaluating a property. Frequently, the property itself does not appear to be in the 100 yr. flood plain (Zone AE), but the stre...
Dennis Nemitz
Is it advisable to form an LLC with one duplex rental?
I am purchasing a duplex. Should I form a LLC to protect my personal assets?
Jeff S.
Anyone do a will instead of a trust?
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
Kristi Kandel
lenders who vest LLC at 20-25% down for non owner occupied 4plex
Hey there! My business partner and I are purchasing an investment property that is a 4-plex. We would like to put the property in an LLC but are having a hard time getting a lender who would vest the LLC. Ideally we'd...
Mike Alder
Tips for investing outside your marketplace
Hello BP members, After a recent meeting with some fellow investors in my marketplace Cleveland Ohio it was scary that we all have stories of out of town investors contacting us to check in on their properties that t...