Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...
Hello All, This is my first post and I just started investing in single family, long term rental, homes at the beginning of the year. At what point am I responsible for paying, or paying part of, an excessive water...
I am looking to purchase an investment property from another investor strictly for the rate. I will make him whole, and I will take the house subto. He currently owns the house in an LLC. If I have him put the insu...
I'm looking to take out a loan from my self-directed 401k, but I'm curious as to what interest rate to charge myself. I actually want to charge myself as much interest as possible since I'm not planning on contributin...
Hi everyone!I’ve been owning my first multi family for just over a year now. My girlfriend and I live in the upstairs unit and we have a tenant in the downstairs unit paying rent. Throughout their tenancy I’ve receive...
Hey guys, I was wondering what your take was on this situation.
I'm thinking about buying a few older rental single family homes vs buying a newer home.
Here are the specs.
Older House
Built: 1950 - 1970
Cost: $40k -...
Sometimes, I come across a deal where it makes sense to have more than 1 private lender/investor. So far, I’ve had them all on title at different positions.
But instead of lining them all up at different debt posit...