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Hello BP Friends! I'm ready to look at starting an LLC for my properties, but I've heard mixed advice about their necessity and benefits. I would be starting the LLC as a disregarded entity and reporting my profit/los...
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Short story: I do not recommend OmniKey Realty.
I know a number of people have wondered about them. Before going with them, I looked and couldn't find much info. So here goes...
Long story:
I was referred to Omni...
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I am happy to report that the final numbers are in from our first TWO successful BRRRR's (Buy-Rehab-Rent-Refinance-Repeat).Who says lightning doesn't strike twice? These were two half-houses (left and right side of a ...
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I'm sure the answer to this question will vary by location, but here goes. We are under contract for a duplex with an additional carriage house apartment in Louisville, Kentucky. This will be a live-in flip, and we p...
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Hi everyone,Thus far, my first investment has gone well (fingers crossed). I've got a wonderful tenant in the other side, a safe, stable place to live, and in a wonderful surprise, prices in the neighborhood have ris...
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Here's the quick layout...I have 8,800 sq ft of space that needs new flooring because I hate carpet. I haven't closed on the deal yet but this is something I will do right away. I am using a private lender for the dow...
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Oh the joy of having to find tenants in November !
One of my tenants is moving out over Thanksgiving weekend, he gave me 60 days notice and understands he will not be receiving his last months rent back if I ...
Hello,
I am getting all the numbers gathered for my first deal, rough total purchase price to be about $110,000 on a duplex. I will need to make some repairs to the foundation and replace the carpet in the entire hou...
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Hello, I bought my first rental property in December of 2016. It is a 3 story townhouse here in the Baltimore area built around 1900. I am having issues with the A/C cooling the entire house. The 3rd floor is noticeab...
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I'm the proud owner of my first 2 family property that I recently closed on this month. It's fully rented with tenants in both units on month-to-month leases. I sent a termination letter to the upstairs tenant as I w...