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I am looking to purchase a property to BRRRR (Buy, Rehab, Rent, Refinance, Repeat). Should I purchase it in my name or in the LLC name?
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I currently have 50-60k to invest in my first rental property. There are many single family homes and condos for sale in my area listed anywhere from 40-70k. Here is where the question arises. I was discharged from ...
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I bought my first rental 2 years ago and will close on my 3rd in a few weeks. I plan on growing the owner managed landlord business and need to get serious about liability and asset management. Right now I am regula...
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I'll start out by saying I've read some posts and talked with people which most say to focus on getting deals before an LLC, but of course I feel I am a little different situation so I'm asking for everyone's opinion....
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I have some land about to be under contract where I plan to clear it, reinstall the utilities, and either build on it or have a smaller new home built on it. I'm having trouble finding someone to lend on this. I am co...
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Hello BP. I would like some advice on securing loans in the name of a LLC. I currently hold a property in Philadelphia. Property is owned outright in a LLC, valued around 180k and occupied with a paying tenant. I ...
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Hi BP.I am currently engaged. My fiancé and I are planning on getting a property in January or February of 2023. Before I ask some questions, I want to give you a little background information on us.We both were in co...
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I just finished reading The Debt Millionaire by George Antone. Decent book (although I would recommend The Value of Debt in Building Wealth by Thomas J. Anderson over this one - somewhat similar concepts). The autho...
Anyone have any thoughts on this?
My 2 favorites I know of:
-PayPal'ing the cash to myself (3% fee). Although they've given me a slap on the wrist for this.
-Amazon WebPay'ing the cash to...
Good morning everyone! As a new investor I'm looking for my first deal in a high priced market, Brooklyn NY. I initially wanted to invest in rentals, but an agent told me doing a flip would be the better move. What ar...