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Results (10000)
Anthony Wick Sell my personal duplex to my LLC with partners?
18 September 2019 | 2 replies

So, I own a duplex in my name only. I also own other rentals in my LLC with two unrelated partners. What does it take to “fold” (sell?) my individual duplex into the LLC? Partners pay me 2/3 of equity and we do quit c...

Justin Marshall How much capital should be retained?
3 January 2018 | 5 replies

For a passive portfolio what amount of capital expense do you set aside?  Do you do a set amount per unit or do you just do a general fund?  If you do a bulk fund what is the set amount you use? 

Bertie Lench Rental from a closely held LLC
31 October 2017 | 2 replies

My wife's family farm which includes 320 acres and two houses has been placed in an LLC. My wife is a 1/6 shareholder, her sisters each hold 1/6 and her aunt 3/6. If my wife and I were to rent one of the houses at mar...

Josh Cook How much is it to finish off 850 ft^2 basement?
4 December 2017 | 3 replies

Hi All,

I have an unfinished basement that's Kng great condition I would like to finish off.

I would like to remove a gravity furnace and install a new furnace and ac, a bedroom with an egress window and split the b...

Andy Lee How to choose a lender for HELOC?
19 July 2022 | 4 replies

When applying for a HELOC, what factors should determine which lender to choose?  Considering going with a local bank w/ an average rate for convenience but wanted to gain more insight.  Thank you. 

Steven Giustino Benefits of seller financing for the buyer
16 November 2017 | 1 reply

Hello I am actively looking for my first real estate deal. I am in long island new york, and looking for a rental property while I am still leaving at home. I have enough money saved up for a good down payment. Mostly...

Kenny Smith Quick Tip on Old Plumbing!
23 March 2023 | 5 replies

Hey BP!Quick tip on older plumbing.  If your home was built before 1980, it is possible you have cast iron drain lines.  If so, these can corrode overtime, especially if you are using the wrong drain cleaner.  Be sure...

Maybelle Francisco Oil Tank with Certificate of Abandonment - Should we remove?
15 February 2018 | 3 replies

Hello BP Family - As may few in here know, we are selling our recent flip in Fair Lawn NJ which we are now under contract and is in the inspection phase. Our buyer is asking to have the oil tank removed. The oil tank ...

Amanda Jones $100k to Invest
11 April 2024 | 2 replies

I just refied our first investment property (SFH still cash flowing $500 per month) and now have about $90k to invest. I want to maximize my $90k, and am just struggling with strategy. My husband is a contractor/carpe...

Dewain J. Inspecting Potential Property - Analyzing Systems (heat/heater)
26 June 2017 | 2 replies

As I'm walking through properties I'm potentially going to by, are there any tell tale ways to determine the condition systems (house heater, water heater, electric, etc.) just by eyeballing them? I know if I see knob...