I'm considering getting a first rental. I'm considering getting an LLC mostly to protect current personal assets. Would you suggest to get the LLC or not and why? Is it possible to get a mortgage for the LLC?
Hello all, I have two properties in Chicago area, bought them through MACK and let them manage my properties. I'm one of the MACK victims, they haven't paid me a penny since March and I was slow to learn about their ...
I've had several conversations recently with new investor clients trying to buy their first rental, and the first question most people ask is "how do I know if it will make a good investment?" My go-to calculation for...
We have a property that’s being managed by a PM and has a tenant that wants another stove. We placed a brand new higher end stove in there right before the tenant moved in. Now the tenant is saying that it caught fire...
Hello BP Community - I'm Ashley. I am new to BP and relatively new to landlording as well. My first (and only) deal is a 3 unit multifamily building that I'm currently house hacking. I live on the first floor and have...
I had a brand new garbage disposal installed in my rental property 2-3 years ago. I recently had a mid term renter call me last month to tell me that it was broken. When he moved in, I gave him written instructions ...
Do people trade or barter their STRs for vacations? In other words, I'll let you stay at my STR for a week if you let me stay at yours. Maybe compare based on ADR or similar.Is that a thing? If so, where do people do ...
Apologies in advance, but I searched on this topic and can't find my exact case. I'm buying a multi-family home in a town in NH with no zoning. It was built in 1981. NH goes by national fire code I believe. It's an od...
Hi BP Community!I am new to real estate investing in Hawaii (Oahu), but I have high hopes as I am driven and ambitious. My company is Prosper Properties LLC. I come from an Audit/Accounting and entrepreneurial backgro...
Investment Strategy of a Broke GuyIntro: I would like a "reality check" on how actionable my investment strategy is. All direction, incite, or alternatives are very welcome. I have already read a good number of guid...