Nathan Christensen
Saint Paul, MN Duplex analysis
Hi everyone,My girlfriend and I are planning to move to the Saint Paul, MN area in about a year and we, like many others, are hoping to house hack a duplex. However I want to analyze properties as if I was buying them...
Morris Hicks
Inherited 50% Sibling doesn't want to put the house on the market
In my attempt to make this post short as possible. I'll jump right in. First off id like it to be known that am the disabled son of a Vietnam vet. (Agent Orange but not recognized, fixed income, divorced father of th...
Allen Motakef
Tampa Deal…
So, my partner and I are buy-and-hold investors from Southern California and now, for the obvious reasons, are looking to invest in Central Florida area. Our research shows that there are still a good inventory of for...
Francis Rusnak
Fix n flipping dangerous?
Everyone talks like fix n flipping is dangerous and you could lose your ass doing it.Say I buy 70% below market value - repair costs. Ok, I screwed up and was 10% off on my ARV, another 10% off on my repair budget, an...
Kyle Kierpaul
First timer looking for input on possible first deal??
Hello everyone, First time post here, I have been interested in making the jump to purchase my first rental property now for awhile. Its a scary choice but I think if I start off with something on the lower price sca...
Trevor White
Multiple Business Functions In One LLC?
Hi all,I currently have an LLC from a prior business where I sold things on eBay. The business is still active; however, I'm not ordering any new inventory and plan on stopping operations when all my current inventory...
Kumail Zar
Analyzing Property Purchase
Currently looking at a multifamily property.Purchase Price- $371,000Rental Income- $310025% down with taxes/ insurance makes mortgage -$2,040The property is turn key and has been fully redone over the past two years....
Rudy T.
Converting properties to LLC
Hi All, Just like many of you, I am new to BP. I have two rental properties in California on my name and one thing on my mind is liability. What does the process look like if I want to convert the rental units to b...
Sam Collins
What are the steps for a cash purchase?
Hello BP Community,I have a question regarding what the steps are for a cash purchase of a home. Let me break the deal down a little. I am purchasing a house that needs a complete renovation from a close family member...
Scott Nguyen
Start a LLC for each property
I received advice about starting an LLC for every property I buy. I understand it's to protect me from liability and such, but is worth going through the process for each property?Would it be a better idea to start an...