Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Amir J Reichental Which address to use when buying a property under LLC?
30 April 2024 | 9 replies
Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.
Adoney Reid Buying 1st Investment Property Next Q3-4, Will Taking out business credit card affect
1 May 2024 | 8 replies
As a Direct Lender, (meaning the actual lender underwriting the loan and not a mortgage broker), DSCR program looks for good credit payment history, good credit scores, and validates your available accessible Cash for the Down Payment. 
Cecilia Sharpe Canada seller financing
29 April 2024 | 3 replies
Before I enroll in courses or bootcamps, I am wondering if they are more geared towards US or if can be applied in Canada too?
John Thomas Beginner looking for coaching/guidance/mentorship
30 April 2024 | 43 replies
@John ThomasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
Troy W. Hudson New to REI at age 60
29 April 2024 | 10 replies
I do have some directions to point you if you've an interest.Thanks Account Closed, but I’ll continue on the learning path that my wife and I are already on.
David Sanders 4BR SFH Pool Home STR near Disney, is $4K/month NET revenue realistic?
30 April 2024 | 27 replies
By net I mean take home pay after direct booking fees, including cleaning.
Mickael Castillo Moving and nervous need help
1 May 2024 | 7 replies
The safest way to rent is through direct MLS listings on platforms like Redfin, Realtor.com, and similar sites.
David Ounanian What financing options are available for real estate investors?
30 April 2024 | 2 replies
Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,
Jake Burkons What card to get at 18 years old for a young real estate investor
29 April 2024 | 11 replies
At this point with very little credit history, so long as you can remain responsible with the cards, applying for them is pretty good. 
Cara B. If you had unlimited funds, and lived in Los Angeles, what would you invest in?
30 April 2024 | 21 replies
It'd be a win/win.Dream customer would be like heiress Liesel Matthews parents back in 1996 needing a nice place to stay while she's killing it as Sara Crewe in WB's A Little Princess (of course she had Alfonso Cuaròn directing (*swoon* my hero!!!)).