Is the liability of "waterfront" property worth it for long-term SF rentals? I'm looking at a house in Indianapolis that has one of those suburban-type ponds in the backyard, so we're not talking about swimmable lakef...
Hi,My wife and I started an LLC last week along with everything that comes with it: business banking, Quickbooks, G-suite, etc.The intention is to place our property under LLC to separate personal assets and rental in...
I sure hope so. Lawyers are lurking.
https://www.carolinaaccidentat...
A small nugget from the website:
"In North Carolina, vacation property owners and rental management companies have a duty to keep their re...
I will set up my question with some background info. I am married and 31 years old. I have 4 rental properties ranging in value from 135k-170k. Between these 4, I have approximately 140k in equity. I do not take any ...
Investment risk can be defined as the probability or likelihood of occurrence of losses relative to the expected return on any particular investment. Stating simply, it is a measure of the level of uncertainty of achi...
Hello, my name is Andre Young. My fiance and I are selling our house. We bought it for 72000 5 years ago and can get 150000 for it. We have fallen behind on our mortgage and both our cars. My fiance got injured back i...
I have a house under contract with a in-ground swimming pool. The pool is still working but looks dated. My goal is to flip the property but I haven't dealt with one has a pool before and the number makes sense unti...
Hi, in 2015 I bought a rental property for 50k cash under a business LLC name I had created. My strategy originally was going to be, purchase the property 100% equity, than get a first mortgage on that property to cas...
I am preparing to do my first flip in the upcoming months.1. I have seen some listings where the house currently has a tenant in it. Should I avoid these or does this matter? Is it just "oh well, deal with it," for th...
Hi BP Community!This is my first post, so please bear with me!I've been listening to the BP podcast, reading the guides, and their recommended books for the past 6 months or so. I have a 10 year goal of purchasing 10 ...