Hi BP community,
I was hoping for guidance on financing a single-family property through an LLC. I am curious about how this can be accomplished and the terms of the loan (I understand I don't need an LLC but I know ...
Hello, Background: I'm looking to buy my first multi-family rental property, a spacious two family home caught my eye in Rhode Island for about $180,000-$190,000, which should be able to get $3000 in rent a month, it ...
Hi There, I'm a newby investor that ventured into my first multifamily that I am working to stabilize. The property is out of state for me (also a first!) located in Cincinnati. The property is a 4 units - 2/bed, 1/ba...
Hello all,Writing to get some bookkeeping advice. I am looking to move up from just excel spreadsheets and it appears that Quickbooks is the most liked option. Writing to see opinions/options on bookkeeping software a...
So I've already started on a road that I don't know how to navigate. Searched and read as much as I could but unfortunately am under a time constraint. Was referred to BP as a great community for RE discussing ideas...
I know the general consensus is that you should have an LLC for protection but I was wondering if anyone decided to forego an LLC (for maybe an umbrella policy) when they had a single property? I'm in California so LL...
From everything that I've read so far on BP and abroad it seems like there is a questionable argument for LLCs vs Umbrella Insurance. So, let me start by saying I have my first rental property and am looking for the m...
This going to be a lengthy post, so bear with me and appreciate the time for reading this.Background: My mother-in-law is having a difficult time with her landlord. She lives in a house in a lot of three homes in Los ...
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Hey Everyone, I hope i put this in the correct category.
I generally do not do yearly rent increases on my properties if the tenant is clean, pays on time, and is overall a good tenant. I might raise 2% every 2-3 ye...