Hello BP!My family and I have three properties (1 primary, 2 rental) held in one family trust. They trust my methods and are allowing me to leverage the equity to invest in real estate.1) Primary property was purchase...
I have read that there are a number of obstacles when buying a SFH under an LLC (i.e. having to use a commercial lender, higher interest rates, shorter amortization and balloon payment after 5 years). As a result, man...
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...
Newbie in Puerto Rico. Hello, I just moved to Puerto Rico and have the real estate bug. Does anyone here have any knowledge of buying, renting, managing houses on the island. Looking to make connections and have so...
I would love to get some feedback from you all. I have the opportunity to pay off my house or invest it in real estate(buy&hold sf&mutli). I would love to know everyone's thoughts on this.
Current tenant moves out at the end of this month. New tenant signed lease for around mid August and just asked to move in 8 days early. They asked if they could but didn't offer to pay for those 8 days. On one hand, ...
As a resident of the Gulf Coast of Florida (Bradenton) we just witnessed the strength of Mother Nature with the most recent passing of Hurricane Helene in the Gulf. Even though we did not get a direct hit we encounte...
Bring me your brutal criticism! It is always so darn helpful! Haha
My fiancé and I just completed our first live in flip. Bought our home for $150k. Lived there during her 3 year masters degree. Renovated it and sold...
I came across a property and taxes for that are low. The seller said he will create a new llc and transfer the property to that llc, then I can buy the llc. This way the state will not reaccess property taxes. Is it ...
OK just found out we (my wife and I) have about 65K in passive loss carry over going forward. So being retired with 2 rental incomes that break even or only generate a little income we will not be able to apply much i...