Hello Hello BP Peeps,As I get my real estate investing going, I need to know, do I create an LLC or not? I live in California but buy and rent in Oregon. Would I create an LLC in Oregon or Cali? I plan on buying multi...
Apologies first for such amateur question: in new developments, when construction companies quote construction cost for "$ X/sf", is this number usually "the total construction cost divided by living square foot ONLY"...
I am looking at deals tonight and see tons of 2B/1B SFH properties that provide a solid return and I felt 3B/1B properties may be more attractive to a long term tenant. Does anyone have any insight on which they prefe...
Hi,My offer on this short sale property got accepted by the bank 3 days ago. Got the inspection and house is in good condition in general. I'm under 10 day- due diligence period. I met 2 contractors so far and they're...
Looking for advice/strategy from like-minded, anti-risk, I want to maximize cash flow type folks. I'm 43. Wife and I are maxing out retirement accounts. Everything going through my mind is around securing our income d...
Hey everyone,I am currently under contract with a seller for $50k cash as a long term investment. It rents for $900/mo but will need a lot of work in the future. It is definitely livable (hence the renter) and in goo...
I recently got approved for two loans totaling $48k. I was thinking of using about $30k to pay off my car loan, credit cards, renovate current home (putting up for rent next year) . Then I would use the rest to try an...
Both businesses are non-passive businesses:
In your opinion, if you had to decide between starting a brokerage or a flipping business which would you choose? A brokerage would need to constantly lead generate for ne...
Hey guys and gals. New BP member from Mississippi here. In my area (Rankin/Hinds county) all homes are sitting on Yazoo clay and virtually every "deal" I come across will require foundational repairs in some capacity....
If you were to pick up a small building with a few residential units and a nice sized commercial store front on the first floor how would you handle getting that store front ready to rent? What is the most common prac...