Hi,I've had a duplex that I've had a property manager manage for me, and it's owned in my name. I also just bought another property in the name of my LLC. I'm going to start managing both of these myself, but I need...
Investment Info:
Single-family residence buy & hold investment in Birmingham.
Purchase price: $50,000
Contributors:
Mark Byers
We bought this property in 2018 to add to our rental por...
Do I have to pay a title company upfront?I’m in Detroit, Michigan and in need of a title company and would prefer not to come out of hundreds of dollars upfront that I don’t have.
Saw what looked to be a great deal to perform several strategies I have seen on BP. I could house hack for a year or try to burrrrr the property.either way I just set up a visit to check it out and get more info. In b...
Say you buy a house with a conventional loan or hard money for 50k and put 25k into it. The ARV comes back at 100k. You ask the new lender for 75% of the appraised value and get 75k back. You’re able to pay off the ol...
Hello BP!I've had 2 rental properties for 10 years. One SFR and one 3 units. I had no idea what I was doing when I bought them and pretty much left them in autopilot for the last 9 years or so. Lately I decided to ...
I'm currently self managing my properties but would like to see if I can outsource the maintenance/repairs. I'm looking for suggestions for someone or a company that could be on call that could make small repairs fast...
Can you sell property that you have in an irrevocable trust? When I first started I was advised to put my properties into an irrevocable trust rather than create an LLC. Not knowing any better that is what I done. Now...
Hello!I own a 3 bedroom rental property in Chicago, which is currently inhabited by one tenant. Once his lease is over in July, I will be moving in. I plan to do some renovations by taking down a couple walls in the u...
Greetings!
I am wondering if anyone can offer some advice. I live in Houston and would like to start a property management firm. It is my understanding that I will need a Broker to function under while
executing my bu...