Hello BP Community. I am a soon to be invested located in Southern California. I plan to invest in Indianapolis and Kansas City market places. Mostly interested in turn-key rental properties and hope to build a por...
Hey everyone. I recently purchased a duplex in Sherman Tx. I inherited tenants on one of the sides. First question. Does the existing lease transfer with new ownership? I have a copy of the current lease, but am ...
Hi all,I recently had one of my properties burn down. No people were hurt (thank God) but the house is pegged for demoliton.Now, i'm in an interesting spot. I can decide to rebuild or to 'cash out' and just own the...
I am interesting in buying an apartment complex for around $800K with the view to add value and raise overall worth to around $1M. I have 20% cash to put down. However, I have no experience in this field other than po...
Whats up BP fam! Ive been doing a lot of research on MF start up, and the first hurdle it looks like I have to get over is finding a sponsor. Is it necessary to have a sponsor as part of your GP? How much experience i...
Any tips for new
landlords starting out?
Things you wish you
knew before starting out?
What if the tenants
don't take me seriously? lol
I'm 24yo and am about
to house hack a triplex, occupying 1 unit while re...
Hi! Question. I found a distressed property in a more upscale area that I drive by every day. Haven’t met the owner yet but plan to. But I did some background homework on property. The ARV is ~400k. I know from the re...
Hey everyone! Hope you're having a good week and are staying safe. I'm Brian Silvia -- by day I write & ship code, but by night I'm either doing Crossfit with my wife, or working with her to get spun up on real es...
I am buying an 8-plex in Albuquerque New Mexico. I thought the seller was originally going to carry for at least 6 months, but I misunderstood.Instead, I need to either secure bridge funding for 3-6 months or find lon...
Good Morning BP. Would anyone have advise or experience on changing an LLC's formation state? I owned commercial property in Massachusetts under an LLC I formed years ago and in May of 2020 sold that property and did ...