Kevin Phu
Adding a late fee policy and retroactive security deposit
I have a tenant that is a friend and former coworker who has been late on rent 4 times in the past 12 months. He has auto pay set up but due to some financial issues, the account sometimes has insufficient funds so hi...
Josh Coup
[Calc Review] Help me analyze this deal
Dear BP community,Could 10 years of negative cashflow be worth the pain? I originally had 10% for management but realized I'd need to manage it myself anyways for experience sake. Looking at the cashflow chart, could ...
Shafi Noss
Worth it to hire an LLC Holding Agent
Hi everyone,
I am creating a holding LLC with a partner for our multifamily investment portfolio. He is located in VA and I am in MD. I've heard recommendations to file in states like Delaware and Wyoming, but hear d...
Morgan Madill
RE Strategy for working on the road and long hours
Hey BP,I’m a recent college grad I just got my first job working in the construction industry as a safety engineer. Every couple months I move into a new area. The upside is great I can stack away 40,000 to 50,000 ...
Robert Muzyka
Should I flip a property in my own name or start an LLC?
I'm new to investors and plan on doing my first deal in Q1 of 2020. I'm going after a flip and likely will partner up with a brother of mine to share the work and down payment, and we'll be funding the rest of the de...
Nathan Gesner
Legal question concerning LLC name
I am preparing to set up another LLC. I came up with a name based on a Bible verse that has to do with financial wisdom. I searched my state and the name is available. However, I did a Google search and discovered the...
Eric M.
Newbie From Detroit, MI
Hi! I'm Eric from southeast Michigan! I grew up in Holly and I currently live in White Lake. I've never actually lived in Detroit proper, but close enough!I know absolutely nothing about real estate and I've never own...
Austin Soros
How much capital do you aim for when embarking anew?
When starting a new real estate project, how much seed capital do you prefer to save prior to carrying out concept, and why? Regarding the down payment, do you have a specific percentage you prefer for an unusual reas...
Ian Rogers
Real Estate License Setup (Investing Only)
Hey everyone, I have seen a few posts about this in different forums, but I'd still like to get my own going and see what responses I'd get. I am relatively new to real estate investing, but am at a point in my life w...
Alex Scott
Alex Scott, just a modest start
Hello BP community,
I'm going to be operating out of the Buffalo New York and western NY area. Frankly I've been pushing money at my student loans until I wised up, and now I'm more moderate with that, which means I ...