Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Sanjeev Advani Global Real Estate Developments: Key Updates from Denmark, Ireland, France, and Beyon
26 August 2024 | 0 replies
This rapid lease-up highlights the strong demand for quality office space in the region.Germany: Alstria Office REIT Faces Pressure to Maintain REIT StatusAlstria Office REIT, owned by Brookfield, must increase its public float from 4.6% to 15% to retain its REIT status.
Jephte Augustin Cash out refi rental property with DSCR loan
27 August 2024 | 12 replies
This article will explore the loan options facing BRRRR strategy investors, with a focus on the all-important third R: refinance.
Isaac Blocher The Cost of Transactional funding
29 August 2024 | 70 replies
I will never lend again... its advisairial on its face.. we as HML take ALL the risk or 80 to 90% of it... borrowers who think 70% LTV is enough coverage for a HML have no clue.. plus they are thankless most of the time.. it becomes the bad lenders fault.. so to heck with those folks..
Joseph Beilke Bourbon and Whiskey?
28 August 2024 | 74 replies
I don't think a Seagrams 7 qualifies as a bourbon or scotch, barely even a whiskey........ :-)
Tony Sherman Let's brainstorm about private lending
25 August 2024 | 8 replies
Have you faced obstacles with high-interest rates in private lending?
Tyler Bettencourt property tax due while my property is for sale
26 August 2024 | 3 replies
Is there potential for a lien or some other penalties that I may face if I sell after my property tax is due without paying my 2nd installment?
Albert Johnson Can I add cameras to my multi family property?
25 August 2024 | 8 replies
I have a multi family property where all units are facing a comon area.
Carlos Lopes Buying STR in Destin/Fort Walton Beach
26 August 2024 | 25 replies
Beach facing units and complexes tend to get higher rent, even though the amenities at Destin West are superior.
Dalton Smith Ask a General Contractor (me) anything!
25 August 2024 | 61 replies
I have a question.......Are stairs in a unit usually load baring
Rajagopalarao Paidi Any recommendation on forming out of state LLC or Home State LLC
26 August 2024 | 8 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.