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Results (8,339+)
Jeff Marston Newbie investor from West Linn, OR
6 December 2019 | 10 replies
I have an MBA from Portland State and I've been working in corporate finance for a little more than a year.
April Birdsong LLC ? for first time investor
2 February 2024 | 5 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....
Dan V. Converting SFH to Assisted Living Facility
17 January 2024 | 5 replies
I'm thinking of incorporating the layout design where it can easily be converted into multifamily. 
Sarah Davis Does anyone buy land and advertise it with a spec home for sale?
30 January 2024 | 5 replies
When I did it the first time we paid $3000 per house to have photo-realistic renderings made that incorporated all the finish selections we made.
Mike H. Don't try this in San Francisco
8 November 2018 | 13 replies
Rentals outside incorporated city limits will not be affected yet, but it is also on the agenda for the next Sevier County Commissioners meeting. 
Chad Duval RUBS - New Hampshire
17 July 2016 | 18 replies
The advantage of using a third party RUBS company such as Guardian or NWP instead of the owner doing it themselves is that each resident receives a formal utility bill in the mail each month with the provider's logo and1-800 call center number to answering any resident inquiries.  
Joey Palmer 1099?
21 December 2019 | 4 replies
You are required by IRS code to 1099 anyone you pay more than $600 to, that is not incorporated.  
Carl Gryska market analysis
1 July 2019 | 5 replies
And then definitely read the thread and Eric Fernwood's LONG post from it... it has a bunch of other stuff I've seen incorporated in other's answers, all in one place.
Reggie Nworie Solutions for Common Concerns from New Real Estate Investors
13 December 2023 | 0 replies
The most successful real estate investors we work with have told us that having a strategy, establishing the right relationships, incorporating the appropriate entity structure, doing due diligence on investment opportunities, and getting pre-approvals ahead of time have helped them to overcome the worries and concerns that prevented them from getting started at the beginning and these same principles have continued to be crucial to their success.
Stephanie St. Germain Is an LLC needed before buying the property?
29 January 2024 | 13 replies
Germain this is a common question and a good one :) The answer is it depends and it may not be your choice.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 you need insuranceOne solution to the above is to buy the property in your personal name and immediately transfer it to the LLC after closing, but you will need to get pre-approval from the lender before you buy the property and plan to do this since not all of them allow this.