Rudy T.
Converting properties to LLC
Hi All, Just like many of you, I am new to BP. I have two rental properties in California on my name and one thing on my mind is liability. What does the process look like if I want to convert the rental units to b...
Juan Alvarez
Book Recommendationts for beginners?
Any book recommendations for beginners that focuses on the steps on purchasing your first property/renting? Thank you in advance1
Jessica S.
asset protection firms
We are just starting out and trying to get the right entity formed before we purchase our first rental property. I have been doing a lot of research on the best strategy, and it seems that every attorney/expert seems ...
Steve Miller
Valuations based on actual vs projected rents
I am reviewing properties for my first purchase. I’ve educated myself here (thank you BP!) for buying a 4 to 6 unit building. My questions are:The property details list the current rental rates and generously forecast...
David Wolf
FISH ON! What A High, No There Is Work To Do
Wow what a rush. I am two weeks into prospecting for deals and got a home run with some caveats. Some how my advertising caused me to get a great deal in Fort Myers, FL instead of Orlando. I didn't put it under contra...
Robert Gill
So I Just Renewed...
So I've decided to renew my RE License after being in active for a year or so. I've completed the required 15 hrs of CE which I just confirmed has been reported to MREC. I'm considering which broker to affiliate with ...
Robert P.
Potential Tenants with under the table jobs
What is everyone's policy when it comes to verifiable income? I am requiring tenants to make 3x the rent, but some have jobs that are under the table. Do you accept? How do you verify, etc?Thanks!
Cary Hollis
Subdivision development-Atlanta metro area
I’m looking to buy land around 3-5 acres and develop a subdivision. What are the first steps? Should I hire a general contractor, civil engineer and structural engineer to put together a plan? I’m new to this looking ...
Michael McHugh
What are we missing?
My wife and I are about to put and off in on an STR property in the Pocono region of PA. We went and looked at houses yesterday found one we liked.We have done research on the area through airdna and have secured a le...
Erik Nordgaard
Do you use a realtor when acquiring off MLS deals?
Team, Do you use a realtor when you buy an off MLS deal? Let's say I get a motivated seller via drive-for-dollars, do I use a realtor to actually arrange the purchase? Is there a name for that process I can use when s...