David Cianci
Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....
Account Closed
Sell or Keep property-Inglewood
9 October 2024 | 4 replies
I'd recommend to first look at where you'd like to invest it to see if it's feasible or if you need to adjust your buying criteria.If you're not in the market for something new then I'd look into adding an ADU on the lot and upgrading the windows on the main unit to triple pane glass so that the noise doesn't bother your future tenants.
Alex Lickenbrock
Owner Occupy Market for Young Family in Cleveland?
11 October 2024 | 11 replies
Parma and Fairview Park would be good for a dude who's wanting to send his kids to a halfway decent school.
Jake Andronico
House hacking at 22 - What I regret...
11 October 2024 | 56 replies
I've been woken up late from parties, broken glass, revving engines, etc. - I've had to haul away a ton of trash, cans, dirty clothes, etc.
Hadar Cohen
Should I Use Cash or Take a Hard Money Loan for My First Investment?
10 October 2024 | 9 replies
Going with a hard money loan allows you to know the money is there for you to complete your project and you will not run out of money halfway through.
Nico Terruso
Has anyone purchased EV chargers for their multi family or commercial units?
8 October 2024 | 3 replies
You can click on the magnifying glass in the upper corner and research previous times this has been asked and answered.
Michael Peters
Vetting Management Companies - Questions To Ask?
9 October 2024 | 15 replies
Up in the right corner near your picture there is a magnifying glass.....
Jovanni Thammavongsa
First BRRRR at 20 years old doing 7 figures in SFR REI
5 October 2024 | 1 reply
I bought this property with my business partner at 20 years old Pics was halfway through the project What made you interested in investing in this type of deal?
Billie Young
STR Blue Ridge GA Occupancy
9 October 2024 | 39 replies
Cherry Log is halfway between Blue Ridge and Ellijay.
Henry Clark
Self Storage- Failure at 100% Occupancy
7 October 2024 | 8 replies
@Zack GillYou're in luck.Use the magnifying glass lookup.