Mike Shemp
LLC setup and Avoiding The Due on Sales Clause w/ land trust?
Hi All,I am looking for any thoughts or guidance on setting up an LLC. We have a rental property in North Carolina that has a mortgage. We would like to move it into an LLC. We spoke to one asset protection attorne...
Tee Ward
Buying a multi- unit. But want to live it in myself.
I'm a first time homebuyer. I want to do something that I'm not sure has been discussed here. I found a multi unit 2 unit property that I'm interested in. I can afford the mortgage myself, its less that I currently...
Luke Stewart
Closing on first house hack!
Been discussing this topic on the forums for awhile now but just landed my first house hack, closing on 2/24 and I wanted to share details! Not closed yet but as I'll explain there is a low chance things don't work ou...
Clement Ndifor
Have you considered solar benefits for apartments that include utilities
It not so common but in some situations, utilities are rolled into the rent price especially in strwhen looking at multi family there is a lot of roof space which can also be monetized with solar.what are your thought...
Charlie Booth
Time to quit the day job? Purchased first rental.
Okay, please hear me out.
If you:
paid cash for a fixer-upper/soon-to-be rental (property one),
~$300k saved up,
a primary residence (property two) with only $230k left on the mortgage (low interest),
and ha...
Justin B.
Buy note, foreclose on the property, rent/flip?
Is this a viable strategy, to find a local note, buy it if its non-performing and just foreclose and rent or flip it? How hard is this to do?
What are the steps involved in doing this?
Does this happen ...
Mihir Bhimaraju
Tenants' attitude- Am I looking at it the right way?
I own and manage a single fam that a 2/1 and rents out for $635. I acquired it 2 weeks ago. Seller listed at 38k and I offered 24k cash after finding a few big ticket items for repair. I asked the seller at closing wh...
Michael Sadler
Michael from Edmonton, Alberta, Canada
Hello,
I am really interested and excited to join the BP community!
My name is Michael Sadler. I have spent some time as a mortgage broker in Vancouver, British Columbia and in Edmonton, Alberta. I a...
Jason Woodson
Looking for feedback on next deal
Hey BP fam!
I'm in Keene New Hampshire and finishing up a BRRR investment that has gone really well. I'm currently looking at a deal and thinking about putting about 60% of my currently available capital up for it an...
Michelle Francis
First time rental buyer.. HELP!!!
My husband and I have been given an opportunity to buy a house from a friend but we are not sure that it is a good deal.
It's a 3/2, 1758 sq ft. Located in N. California town, population 60k
Here are the numbers:
...