Anthony Bratina
Setting up an LLC
14 February 2024 | 3 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....
Justin Johnson
My First Rental Property Freak Out
15 February 2024 | 72 replies
My husband and I started by building our first home from the ground up at 19 years old and my husband was throwing up the entire first week when the shovel was going in the ground lol then we house hacked it with a basement apartment and I still get nervous to this day when we take on a new tenant in our own home.
Alan Hon
What if BRRR stood for Build, Refinance, Rent and Repeat
15 February 2024 | 5 replies
Learning that really opened my eyes to the possibilities that exist in building new homes vs flipping them.
Sarah Mariscal
Converting Quadplex into Two Duplexes
15 February 2024 | 1 reply
For splitting the quadplex into duplexes you will need to talk to the city to see if that is possible.
David Lopez
My Cpa Retired in 2021 and i am doing my own taxes
16 February 2024 | 16 replies
It is possible to do your own taxes correctly with TurboTax, but there are some things to watch out for.
Jim Doyle
Buying Off Market - Ran into a Roadblock - Path Forward??
15 February 2024 | 2 replies
I think it's a long shot, but looking for any possible ideas...
Milo Berg
Upper floor condo AC condensation pipe overflow leaks into lower unit.
13 February 2024 | 8 replies
How much does floor one want for the damage.A hole in the ceiling with Spackle, the splatter finish matched (possibly whole room ceiling re splattered), then a primer and paint; or just water discoloration remediation?
Joseph Fenner
What books should I read from BiggerPockets?
15 February 2024 | 9 replies
It’s possible trust me.
Jared Haxton
Ideas for Marketing my Primary Residence
14 February 2024 | 9 replies
You could likely command a higher rate by renting the entire home.
Logan Sierra
Rent by the room
14 February 2024 | 6 replies
Exploring multiple possible exit strategies for BRRRR.