Hi, I am new to the BP forum and in the process of researching my first rental. I plan to open an LLC to protect my assets. My question is -should I get the rental property first or establish the LLC first? Further, I...
Hello, I'm new to investing, and with the current prices against current rents, I'm finding it difficult to get properties to cash flow. As far as I know, I am pretty thorough with the calculators. Is it just me? Or ...
This is a technical question that arises from the painful experience of having an appraisal come in low. It happened two years ago when a VA appraiser, citing comps, said that the price my buyer had agreed to pay for ...
Hi all,I am looking to get started with notes investing. The more I read the more I am confused as to where to begin. So here are some of my questions and I hope someone can point me in the right direction. Should I...
I will be graduating from college in June with no debt. I have around 60k saved up and have a job lined up. I have a couple questions.Will I be able to get a mortgage?Should I invest locally or oos? (located in Seattl...
I've done a lot of cut and pasting Edward Scissorhands-style of many posts on BP that address seller financing, but there are several differing opinions on the topic of whether or not it is necessary to use a mortgage...
Hey BP Family,I’m looking at a vacation rental in Daytona Beach. 1/1 condo. Looks to be in great shape, great location, seems lucrative on the surface. Never done vacation rentals, so this would be my first one. I’m l...
Yes, I am seeking legal consul on this specific question. But as I am trying to get through to any attorney these days, I also want to ask the BP community in parallel for any clarification.
I want to serve notice ...
I am working through an analysis on a SFR and I am researching realtor.com and Craigslist to make an informed decision on what I can expect to get in rent. As I am getting closer to acquiring my first property and pl...
I listed my rental property on Zillow and received a completed application from a prospective tenant who's credit score is 524. Rent for the property is $1600 per month and per the credit report, tenant has a total de...