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Hi everyone, I own a few small multi-family properties (8 units total) and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...
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I have recently listed my first rental unit (a LEGAL/permitted ADU in Utah.. many basement/in-law rentals here are definitely not legal/permitted) and am trying to pre-screen inquiries BEFORE scheduling showings with ...
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Just walked away from my first deal. I’ve been looking for several months for a two family, in a good area, with potential for value add through renovations. I found a single family with a detached cottage already ren...
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Why I Believe Striving to Build Passive Income is OverratedThis may seem like a disingenuous statement coming from a passive income guy, BUT, I believe that those looking to build sustainable look term wealth would be...
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I’ve been listening to a gazillion podcasts, reading books, articles, running numbers, day in and out.....ANYTHING to educate myself on this process! Got my money/funding in place... I even worked with a realtor in my...
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Hi, I was hesitant about writing this but want anyone out there that can help. Please give me any tips or advice. I rather sleep peacefully at night. I could use the criticism and just want to not worry every month...
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Hate to be at this point again in the due diligence, but here I am. Ready to learn.
I'm under contract on a duplex (first deal) and after having inspections, I don't know if this deal is worth it anymore. I'd appreci...
Hey guys - my first post on BP, and absolutely thrilled to be here seeing how everyone seems pretty knowledgeable about building wealth. Was wondering your opinions...
Right now I have roughly $160,000 in expendable ...