Ron Willbanks
Just starting out -- as a Passive MF investor do I need a LLC?
I have decided to become a passive investor in MF. I am just starting out and my research indicates the syndication will create a LLC so there does not seem to be a need for me to create one. That said, should I ope...
Shane Woods
Please help me help my friend - buyer wants to assume his loan
Hi Y'all,
Here's the story, and my thoughts. Please help and correct any misunderstandings I have...
Friend bought a house FHA for $127K about 6 months ago. $5500 total out of pocket at closing.
A buyer (former ow...
Daniel Karbownik
Can somebody check my numbers?
I'm in attorney review on my first rental (SFR), as a no-money down deal! (I have a private investor willing to finance me on 100% of the purchase price) Very exciting. I have been on BP for a while now and I've ru...
Jeff Brower
What to do first year after purchase: Claim Loss or Claim Income for Future DTI Ratio
Hello All,I am just about to purchase my first SFR or MF buy and hold long term. I have done some searching on this topic and haven't found much so that is why I ask. I would like to know what most of you would do in ...
Jen Irving
Our property manager did not collect full deposit
Hi. New to BP and wanted to get advice/ feedback about ethical property management behavior. We've been renting a home for about 4 years and had to evict the last set of tenants. The details make me sick. Basically...
Xavier Karikitan
Four rookies wondering to LLC or not to LLC
I'm one of four rookies who decided to pool our resources together and get into Real Estate Investing. We're a group of friends who trust each other and want to keep our friendship and business relationships intact. W...
Victor B.
Buy rental property via LLC or in own name w/ umbrella insurance
I would like to buy multiple SFH investment rental properties (think 100+). I've read mixed/conflicting advice on here about whether it's more beneficial to buy each one via LLC or would buying under my own name and s...
Bhaskar Nyshadham
C corporation for purchasing rental properties
I'm thinking about purchasing my first rental property to diversify my assets. I'm wondering if starting a C corporation, where I am the sole shareholder, makes sense. I know some downsides: double taxation as the cor...
Maverik Eaton
How to tell if a home is a good wholesale deal
Hey! I’m curious about what makes a property a good wholesale investment. Any good article recommendations or advice?
Conor Kelly
Using borrowed money as a down payment?
Hi guys,
I was hoping someone might be able to answer this for me. I live in Vancouver BC, currently investing in Windsor, Ontario. I bought my first rental property there last year and its doing very well. Now, of c...