I just purchased my first property and will be looking for tenants to move in. Due to the economic climate and high percentage of people not paying rent, would it be smart to rent by the month or 1 year lease? My conc...
Hi BP members,
My husband and I are BRRRR investors in central Wisconsin (marital property state). We currently have one LLC, taxed as a disregarded entity, through which we purchase properties, rehab them, and then ...
Hi All--my husband & I are in the process of selling our primary residence in Los Angeles. We have a lot of equity, we've been in it for 20 years in a trendy neighborhood. We bought the home for $230K. We may h...
Would you ever consider putting up money to invest in an LLC where there are other investors doing the same thing (who you don't personally know)? I've recently been made aware of a group that essentially puts invest...
Hello everyone, I am a novice to investing in real estate and am currently looking at a 12 unit building in my home state. I can afford to put down the 20% but I don't want to. List price is $525k, brings in $102k/ye...
My boyfriend and I are going to the bank on Saturday to ask about financing options. We are planning to go about this individually because we have drastically different finances (income, debt, other expenses). In gene...
Years ago, I purchased my first primary residence with my (then) girlfriend. We each paid 50% of the down payment, each paid 50% of the mortgage and any improvements. We split everything equally. A few years later we ...
This is for Chicago landlords with 3 flats. I just received my water bill and it has doubled. I'm billed every two months so presumably I have a meter, but all my bills say estimated. Since I've owned the building (la...
Hello BP and members,I believe every investor should create a strategy that works best for them. I also believe that you should not try to reinvent the wheel. I have been talking with a few people about a good strateg...
Hi BP community,I'm Jason and I'm just getting started in the real estate world. I have aspirations to achieve financial independence through REI and all of my Google searches for educational info seem to ultimately l...