Cameron Price
South Carolina Single Member LLC strength?
I've been researching legal entities, and have come across a lot of information about single member LLC's. In some states, they seem to be pretty much useless, and in others, quite strong for assett protection. What i...
Derik S.
Newbie from the Rocky Mountains
Hi everyone, My name is Derik, I am new to BP and real estate investing in general. So needless to say, I don't have any background experience in real estate (reluctantly admitting). Like some meetups I've joined, I ...
Michael Fucillo
Sewer easement with family
I want to start by saying that I don’t know much at all about what I’m asking, so if the answer is simple I apologize in advance. Unfortunately, I will have to make a decision within a week so I was hoping someone wi...
Lawrence Jenkins
How to finance through LLC?
We live in Michigan.I took out a home equity line of credit on our primary residence. We bought a 2 family flatRehabbed & moved in 1 of the units & rented our primary residence & rented the other unit.Now ...
Leo Apostol
Adjacent property questions
The property adjacent to my own consists of a driveway and garage. I'm my mind there would be many benefits to owning it. A few questions. Is it true if I do purchase it in my name, the two adjacent lots become one lo...
Travis Fisher
Which would be better for appreciation?
This is a super vague question but I got thinking about it today and thought I should get some insight.
We are selling one SFR which should give us enough for down payments on 3 new SFRs or a down payment on one four...
Kenneth Walsh
evicted tenant still has option remaining halp
In these post Dodd Frank days everyone recommends doing a separate option contract to the lease agreement and having neither document reverence the other so as to not imply an installment sale. My question is, if a te...
Steve Fitzgerald
Tenant wants to deduct maintenance costs from rent
I have a sfh that I rent. The tenant that I have in the house wants to pay for mutually agreed upon repairs and deduct the cost from the rent. While the net income ends up the same it seems like it could cause some un...
Levitt Perez
Newbie Central Florida
Hello everyone,
My name is Levitt Pérez and I’m glad to be a part of this community and be able to learn from the countless years of combined experience on here. I’m 25 years old recently separated military vet. My...
Swetha Reddy
Need advice on First fourplex please
Need help analyzing first fourplex. Asking price:$165,000Our offer:$ 150,000All 4 units are rented. 2bed, 1 bath units and they rent for $450 each.So total rent:$1800We live in a very small Midwest town, properties ge...