Garrett Nuzzo
Saving for down payment
Newbie here.... How have you seasoned vets been holding your cash when saving for a down payment? I am about a year and a half out from my goal and feel like having cash sitting in a savings account is a horrible way ...
Ron Steele
Need Help Please ASAP for Recovering Funds
I partnered with a local attorney on a commercial building deal. I invested 20k and he held a majority stake. I was very inexeperienced when I did this deal and all though he is a respected guy I think he took ad...
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LLC vs. Corporation?
Can someone please explain why it is better to form an LLC rather than Incorporating when starting a real estate investing business?
Thank you.
Erik Peddle
LLC for every property?
Hey everyone. I have one 3/2 residential rental property and want to scale up with a multifamily purchase. Do I need to start an LLC for each property? What other basic legal setup is necessary for managing rental...
Dilini Peiris
Terminate lease under what grounds??
We have a situation where we just signed with a seemingly good tenent. But now they are making demands to improve the property. They want storm door locks. Security lights etc. They had also brought a dump a er to re...
Neil Sea
Canadians investing in USA
Good Day BP, I'm interested to hear what Canadian investors have to say about rental properties in USA. How complicated was the process for you to get a mortgage? Were there any things you wish you knew before? If yu ...
Ryan Morlino
Need some guidance on setting price for a ground lease
I need some advice on pricing rent for a ground lease with a 99 year term. Let me give a little background info first.My wife and I recently built and rented two houses on land belonging to my in-laws. The agreement...
Michael Henry
Tenant moved out, New cousins moved in!
I'm managing a property in Milwaukee, WI and I found out three days ago that the tenant moved out, of course, without paying the rent. When I pull up the house I see someone washing a car and the backyard. I get out ...
Jorge Guadian
Buy another Rental or Pay off Rentals
Write your postLike to hear what some of you BP members would do if you were in my shoes. Im almost 53 with basiclly mortgage debt, no car, credit card or school debt. Im retired with my pension and rental income I gr...
Ryan Short
Running electrical wire through plaster and lath?
Hi everyone on BP, I recently closed a 4 family house in Massachusetts in June. The house has a 1BDRM, 2BDRM, 3BDRM, and a 4BDRM. The 1 BDRM and the 2 BDRM are rented from before and are close to paying for the mortga...