Nicholas Lilly
Series Limited Liability Company (LLC)
19 June 2024 | 3 replies
This new law allows series LLCs to acquire assets through debt.Series LLC are commonly used for business ventures, multiple investments or rental properties, or businesses that operate multiple channels of revenues.
Hector Lewis
Lender will not approve purchase due to the price is too low
18 June 2024 | 17 replies
Most of the lenders have a minimum of 50k per door and 100k minimum of as-is value limit for rental purchase.
Deandre Brown
Hello BiggerPockets! New PRO here
18 June 2024 | 1 reply
I'm particularly passionate about long term rentals.
Hieu Le
Need clarification on cc&r
17 June 2024 | 8 replies
I read their cc&r and the only thing I found that relates to rentals is a line that reads “Property shall be used for residential purposes only”But I’ve reached out to the hoa and was told “Our HOA regulations say single family home which means No vrbo or short term rentals.”I’m getting confused since I’m fairly certain that single family home doesn’t mean what they think it means.
Tom Dieringer
Using HELOC for next investment - what am I missing?
17 June 2024 | 2 replies
I'm six rental properties into my investment portfolio and have HELOCs on two of those properties as well as my primary home.
J Corona
New tenant in ICU
19 June 2024 | 12 replies
Schedule a time to visit the rental and do a walk-through to ensure it is safe (no running water, temp adjusted, trash hauled out, etc.) and secure.
Tyreek King-El
Want to GP a deal in the next couple of years...Action Step Recommendations
18 June 2024 | 0 replies
For a little background, I have some experience overall...a couple of rentals, LP on a 24 unit currently, a bit of wholesaling, and a decent network of all typically pertinent players in the deal space, and I push my knowledge forward each day.
Jason L.
Looking to fill 30+ units in a newly renovated building in a short period of time
18 June 2024 | 8 replies
You WILL get several bad apples.a few short term rentals (2 or 3) may be doable, but you still would be trying to find good tenants fast, which is difficult.
Oz Pariser
Is Rentometer a reliable measure of market rents?
17 June 2024 | 25 replies
It depends where your rental is, In my area it is very accurate.
Gavin Delano
Brevard Florida Wholesaling
18 June 2024 | 9 replies
I buy rental houses in Indialantic and Melbourne Beach, in addition to my Texas portfolio.