Hey all,So I have four purchase agreements for out of state property that I plan on closing. In your opinion, how necessary is it to have an LLC set up? How about getting an investor friendly accountant and lawyer? I ...
I am about to list a property to rent that was built as building with 2 houses (each with 2 bedrooms) connected only at the roof with a drive-through arch below. This "gatehouse" was originally part of a 4-building es...
Hi everyone, I have a basic understanding of real estate investing but I am still completely new. I'm thinking of purchasing a duplex and I'm wondering what factors I need to consider. Unit 1 rent is currently $1200 w...
I have 2 duplexes (B- Class) I purchased essentially as a package (same owner, identical and adjacent, but two separate properties) back in May 2020. Built in 1998, block construction, each unit a 3/2 and 1080 sqft, n...
Has anyone ever done two separate deals at the same time? When I've closed deals before using conventional financing the loan officer tells you not to open any new lines of credit, vehicle purchases, new mortgages, et...
Hi All -- Wondering if anyone out there has faced a similar situation and, if so, whether you might have any guidance or opinions, etc.? My wife and I are in the process of doing a 1031 exchange purchase. We are in co...
I have a fix and flip completed and sold today but I am not sure how to calculate the actual profit. The cost of the house was 210k I borrowed 34k for the rehab. I would use my own money then the lender would fund it ...
I closed on and am currently rehabbing my next value add house hack utilizing airbnb. The property I closed on is governed by an HOA. That HOA stipulates that I can build another cabin on my 1.97 acres. I have an addi...
hello BP communityI own a lake front rental property in the red hot upstate NY market that I'm using for STR. I'm cash flowing between 8k-10k a month. The house sits on a double lot so there is potential for developme...
Good afternoon!I am trying to find the options to set up an entity to participate within another entity (LLC) in a construction deal.An associate of mine is putting together a construction project for single-family ho...