Hello BP Team! I am a brand new BP member looking to potentially invest in the Providence/Warwick, RI area. I currently live in the Bay Area, but my family lives in Rhode Island and will be my "boots on the ground". I...
I am waiting to close on a fourplex and need some advice on how to introduce myself as the new landlord. This is an FHA where I will owner occupy one unit and already have three tenants currently residing there. Some ...
Hi, quick question, Do you recommend to sign lease with tenant for 12 months and then month-to-month, or 18 months lease? I am in this situation that end of 18 months will be October 1st, is that good time frame for r...
I finally took the plunge and bought my first rental investment property. I have bought the property in my name. I have a decent net worth and both of us (me and wife are W2 paychecks) and now I am being advised / rea...
I had the pleasure of attending the MTR Summit hosted by Jesse Vasquez. Here’s a few takeaways1. Most people get into MTRs with the intention of renting to traveling medical professionals but they’re only a small sliv...
I've heard many people getting an LLC and using it towards their rental properties. I just had a few questions to clear up and ask like:1.) What is an LLC and how can you use it towards your properties?2.) What is the...
Hello, Stopping by to introduce myself. I’m Justice Carter. I currently live in Urbana, but will be residing in Chicago come later this year. I am 20 years old just starting out with real estate and am extremely focus...
What is the difference between a self-directed IRA and a rollover IRA account?I currently have a rollover IRA account. Can I invest in real estate directly with this account?
If I wanted to start out buying cheaper properties around $50-$60k and putting them on section 8, will buying them through an LLC keep my DTI ratio from being affected? Will this have an impact when I want to go and b...
Hello BP I need some advice I purchased a property from my contractor/partner. He told me that he already had a tenant lined up to rent the house too. It is one of the guys who works for him. My partner vouched for th...