I formed my LLC a few months ago using a service, and received the Articles and Operating Agreement by mail from them.
The service advised me to make the LLC "Manager Managed" (with myself as the...
Hi! I am extremely interested in Atlanta as I am so impressed every time I visit. I would like to buy a property to hold and use it when I am there. So thinking I may want to Air BnB while I am not there. How is s...
Hello BPMy name is Ariel and I'm new to BP forums. I am 29 years old, a TOTAL newbie on REI, never bought a house nor invested in one, and I work full time as a chef.I'm here to seek advice from experienced investors ...
I am focusing on lease options and in the marketing process other kinds of possible deals pop up. I am of the mindset to master one niche before schooling myself on others.
This came to me this week and I am wonderin...
I have an opportunity on a 4-plex. Actual current NOI (once the current vacant apt is rented) is 46,117. Debt service looks like it will be about $43,800. CAP rate is 6.6%. DSCR is 1.05. Seems pretty razor thin, but a...
I have had a few sellers who are open and interested in lease options ask me to complete their rental application and credit check, and when I tell them that I will not be the one renting and I don't fill out applicat...
Hi All!I'm a newbie BP'er and investor located in Orange County, CA. I am currently exploring strategies mixing buy and holds and fix and flips using traditional and creative financing and in the meantime pursuing my ...
Hello everyone. I'd like to consult with you about my issue.There's a contractor that we've been working together on a few projects in the past two years, I can tell that he's very experienced, and very reliable. But,...
Circumvention
I've notice these doc's are now being used by property locators, realtors and even Investors. they are written agreements between the buyer/investor and property locator agreeing on price and payment.
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Last year the taxes went up on one of our properties and took a big bite out of our earnings. We had a $1,000 house payment and were renting it out to my step-daughter for $1,400 a month. The county increased our taxe...