Hey Everyone,Quick question I’d love some advice on. Just bought my first rental property and I’m going to form an LLC and move it over to that ownership. The goal is to purchase more properties over the years mainly ...
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
Having some trouble finding a lot of quality info on the business side of getting started. Do most of you have an LLC or something similar to conduct the business? Is that the right move? Tips and advice on what qu...
How would you handle a type of Tenant that keeps your property nice and clean, treats the Landlord with all deserved respect, but is always behind on Rent?
Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...
Hey Fellow BP members,I'm so excited! I just purchased my 3rd SFH in Montreal, Canada 3 weeks ago. I purchased the property for 165K, however it's worth more like 200K in it's current condition. It came with tenants &...
I would like to get some input/advice on what to do next. I currently own a rental with my brother in Oceanside CA which we house hacked for a couple of years, until recently I moved out to purchase my own home. I wou...
I have both first and second mortgage of my primary home. The second mortgage rate is much higher than first.I also have several rentals which have either 15 year or 30 year loans, they have different interest rates.I...
Hi All. First post. First investment property. Just getting my financial house in order and talking to some lenders. Most of them are quoting me: An origination fee - $2500A processing fee - $1000An Underwriting fee -...
Does anyone use Stessa for collection of monthly rental income? What program do you use for rent collection? (automatic late fee generated program)