Pat Bruton
LLP or LLC???
I am converting a personal residence into a rental and am wondering what would be the benefit of starting an LLC compared to an LLP? The partner would be my wife. I am thinking of possibly the benefits of an LLP bei...
JP P.
Buying 1st Home in New City (SDIRA)
Hi All,I'm looking to get into the real estate investing with my very first home purchase in a new city, and I've heard of this Self Directed IRA (SDIRA) form of investing tax free. I'm purchasing a home with my Roth...
Gabriel Jaques
Looking for insight (q and a's)
I am currently in the U.S Navy and i have 2 years left on my contract, im 21 years old living in san diego california where i am stationed at. Started this post to see if i could find a mentor, some one who would j...
Amanda Berg
heloc + self directed ira to flip
Hello BP community:Recently I have been in the process of talking to a lot people regarding buy and holds and flipping.By some luck I met a woman who has been flipping for the last 20 years and has offered to walk me ...
Andrea Finkelstein
Ideas to combat trespassing on a commercial restaurant
Hi. We own a restaurant building in Downtown Phoenix, and my tenant is having a horrible time with indigence hanging out or parking there at night and leaving dirty diapers and other items. We have all the no trespass...
Loren Blackwell
Unable to get a home loan under LLC
Hi there, my brother and I have just formed an LLC with the goal to flip a property. This will be our first investment and have found that we cannot get a loan under the LLC without 2 years of P&L statements.
We...
Erin Davis
Roommates -- do both get a renter's insurance policy?
Hello, I'm an infrequent landlord, and have never had roommates (med students) as tenants, so am unsure what this answer is. We are currently showing the place to them, and they would like to apply. SO: My lease ha...
Richard Yount
How to Set up Finances - First Property House Hack w/ in Law Ste
Hello All,Thank you in advance for the help. I'm reaching out as I'm getting ready to make my first purchase of a property. To give you the details on the property, it's a single family residence with two in law sui...
Peyton Boucek
Where I’m at right now and where I want to go
I’m 23 years old, graduated from university of Alabama may 2020 & currently employed in a 2-year commitment for a collegiate non-profit (ending may 1, 2022). As much as I’d love to begin my RE career this summer, ...
Diane Tycangco
Cash Out Paid For Rental to Get Downpayment for Another Rental
Hello, I am thinking of getting equity out of a paid-for rental and use it as a downpayment for another rental. Someone told me that when you do not use the loan to buy, improve the property you borrowed money from, ...