Hi all,Currently in the process of acquiring my first investment property in Fitchburg, MA. It's not the best area and I want to position myself accordingly as to not be taken advantage of by troublesome tenants. All ...
Hey BP fam! I'm located in Plaster Rock, N.B CANADA. I'm new to the idea of real estate investing. In 2019, I tried flipping a property in a town 30 minutes from me. It wasn't a grand slam, by any means, but it was a ...
Has anyone ever offered a very small incentive to tenants so that they actually report necessary repairs to management company before the small repair becomes a real problem? (ie. leaking toilet, leaking rook, electri...
When is it time to incorporate?
I realize that buying property puts you at risk for being sued. At some point, I think you become a target, and should protect your personal assets. Is incorporating a good way to do...
Hello everyone,
So I will be beginning the process of setting up an LLC to transfer my first property into which I will be purchasing shortly. I was wondering (and I know that I need to speak to an attorney and an ...
I have read conflicting advice on what state to incorporate an LLC in to hold investment property. Since most people recommend one LLC per property I am concerned about annual filing fees adding up, especially in s...
Hey BP family, I attended a real estate workshop a few weeks ago and was told that I should setup my LLC in Nevada because the benefits of incorporating in Nevada are amazing. Is this true? A company based out of N...
Hi everyone, I live in Maryland, but want to set up my LLC in Delaware. Has anyone ever done this? If so, has it been worth it? For some perspective, I live about an hour from the border of Delaware.
I have a group of friends that want to pool some of our money and start buying property. We would like to get incorporated first. I have a couple of questions.
Does it matter what state you incorporate? If so, a...
Hi Everyone, Just decided to sign up here as I recently discovered the BP podcast. I am from Charlottetown, PEI, Canada and have been investing in real estate for 4 years (bought my first duplex at age 22). I currentl...