John Phelps
Delaying Landlord Insurance?
24 March 2015 | 4 replies
I have already been approved for the mortgage for the new property and would like to move into it as my primary residence.I am wondering if since there would only be approximately three months of time that I would be in violation of that clause, if I could simply not transfer my insurance policy to a landlord policy until after the year has lapsed.
Dottie W.
This may be my first deal - need help with ARV
28 March 2015 | 26 replies
This is where you will begin the learning process and the building of relationships necessary to have someone available to partner with by simply making a phone or two.
Luis Moreno
Buying investment property out of state for my first rental. Is this a good idea or a bad one?
29 March 2015 | 16 replies
I'd argue these are *core* abilities for a RE business, not something to outsource for long term success.I'll grant that setting up your company to scale means your company could theoretically reach 2x by simply doing more of what you're doing now.
Nick Scalero
Can I do this without taking a tax hit?
27 March 2015 | 8 replies
If only for resale then it doesn't.Dealers do have a higher threshhold to show intent simply because your normal model is to buy to sell.
Samuel S.
Suburban Detroit LLC Setup
7 January 2017 | 1 reply
Then once under contract, I would simply look to sell the LLC (wholesale).
Nkiruka Okeke
Finances when starting out
27 March 2015 | 2 replies
Simply put it takes money to make money.
Francisco O.
Philadelphia metro area recommendations
15 June 2016 | 5 replies
Please feel contact me via my inbox with questions about an area you have identified, purchase price points, or simply an RE reference.
Mike McConnell
Separate LLC for each rental
28 March 2015 | 9 replies
As well there are municipalities that really don't give a s**t about LLC's and they go up the chain of ownership and as soon as they find the first human on the papers, that's the guy left holding the bag.
Joel Bowen
Portland, Oregon Motivated Newbie
4 April 2015 | 14 replies
I found BiggerPockets.com just simply by doing a search on google for a place to interact with like-minded people.I look forward to being a sponge and absorbing everything you guys have to offer.