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Hi BP,In May I bought my second REI deal. My first deal was seller financed (see my post HERE) so I didn’t need to involve banks, etc and made purchase with my LLC. It’s owned and managed by my LLC with no inter mingl...
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Hello everyone.I just got my Texas real estate license (I’m also licensed in NY) and am working under Accel Property Management & Investments. We’re in the Rio Grande Valley.I don’t have any questions or anything,...
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I am buying small multi-family properties. Currently I have a 4-plex and a duplex with one partner (Partner A) and I am under contract with another duplex but plan to buy it with a different partner. (Partner B)
The...
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Hi, I am sure there are lots of posts on this but it seems I am always getting conflicting opinions. It is so much easier to finance in my own name vs LLC. What are the best ways to protect yourself from liability? D...
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Currently we live Dublin but my Husband took a job in Sacramento. We plan to buy a property in Sacramento region closer to downtown so he can stay in 1 room for few week days and rent or airbnb other rooms. What areas...
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In May of 2019 I created 2 LLC's for asset protection for my properties in Chicago. One LLC was formed in the state of Wyoming as a partnership to hold my IL LLC as a single member which holds my properties. I've setu...
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Hello my fellow BP'ers,
Quick question, I purchased two rental properties in November 2019 and I now have an opportunity to buy two more that are performing considerably better than the two I now own. I would like...
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I own a lakefront resort with 6 rental cabins + the innkeeper's house + boat dock on 10 acres in a popular vacation area. It is in it's 28th year of operation and has about a 62% occupancy rate. On-line brand recogni...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $120,000
Cash invested: $1
We bought this property as a duplex. We're currently converting it into a SFR, will turn...
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Hello Friends
I have very specific questions about the insurance of rental properties and I hope to get your answers. I am buying rental multifamily properties in my personal name and buying insurance for rental prop...