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I have been so excited to get into the Property Management side of Real Estate after several years in residential retail! I just joined Puliatti Properties and with over one hundred properties already in management I ...
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Hello BP,I recently upgraded to BiggerPockets Pro and I'm ready to get off the sidelines. I'm ready to pursue my first rental property in the form of a multi-family house hack. I've done my research on FHA loans and I...
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This may be a dumb question but when people are marketing to absentee owners, why don't the call the owners to see if they want to sell?
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Hi, my tenants just moved out and the property is a complete mess to the point where a full rehab may be needed. The security deposit is approximately 10% of total repairs so it won't cover most of the damages. What's...
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As far as companies go, I don't have a lot of capital. But as a single person starting out, I have a sizable amount of cash and I would like to get started with lending. I could only fund rehabs or very inexpensive f...
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I'm starting an LLC for money lending business. The attorney suggested to open a Wyoming LLC for tax and asset protection. My issue is that a managing member lives in California and the operations manager lives in Flo...
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Hello BP,I've been following BP for over a month now and I have gained decent knowledge. I thank each and every member of this community for their posts and information. I'm on H1B visa and wondering if anyone from th...
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I'm a experience property manager that is taking on a client with 10 medium term furnished properties for management. We currently manage 4 medium term rental and have some systems in place. My question is what type o...
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Hi, I'm based in Oakland, CA. Could someone please advise on the tax consequences of transferring a detached single family home between siblings via a gift transfer? Would the property tax basis get reassessed? Would ...
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We have been happy with my current market for the SFR we have had for a year. Good renters, minimal rehab and all around positive experience with exception to it being a SFR. Looking to get into some multifamily units...