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One general question... Why is preferred or suggested to form the LLC that owns the RE rental property in the same state where the RE is located?
My Mother and I have partnered to create an LLC to begin our real estate portfolio that we intend to slowly scale. Our basic criteria includes side by side duplexes that create at least 1% combined rental income on t...
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Hello, I have seen a lot of people talk about doing a cash out refinance after a rehab and season period. What I'm wondering is if I buy a property for all cash (to move faster and make stronger offer) that does not n...
I have a tenant that’s been with me for 2 yrs now and just signed a 3 yr extension back in June. This is a retail unit in ft wayne in. When he Signed the extension I assured him we will be fixing some things in the bu...
I have a unique situation that I need some help! I am under contract to buy a 3 bedroom house for 65K in June. I know Zillow isn't the best but ] Zillow states the value is 106K at the moment. This is a house that I a...
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I just bought a duplex with an inherited tenant who is under market value in rent. She is paying $1,000 when the market value is $1500. I gave her a lease to sign that is month to month. The rent will stay at $1,000 f...
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Hi Augusta peeps,
Active duty family relocating to Augusta, GA - for a year - this June. We've been advised to look for something that only requires cosmetic updates on our first time out. We've also been told not to...
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Hey BPers, I'm increasing my BRRRR deal analysis as prospective deals come across my desk and I'm trying to sort of streamline/systemize things to analyze deals faster. Trying to take Brandon Turner's advice by analy...
So I’m new in the world of Notes but I feel the fog is starting to lift.
The first one I purchased was supposedly a performing modified note in BK.
Turns out the owners are deceased and the person who is claiming to...
I've been on BP for about 5 months, reading and listening like crazy. Unfortunately my primary home has given a few hits to my reserves recently so I'm in the process of saving again for a down payment on an investmen...