Should I create an LLC? Then place my properties under that business and open a business checking account for the business as well?Any advice on how to organize my rental properties which are currently under my name a...
I am in the process of buying a $170K house. I plan to own it in an LLC. I am quoting insurance companies and for liability coverage, I was wondering if the liability coverage should be approximately the same value of...
Hello, I am new to Bigger Pockets. I am also new to Real Estate Investing with Fix & Flips. I do not have any money to pay someone to do the accounting just yet as just starting and I am in need of your assistan...
Hi Guys,I am a newbie investor and have 2 rental properties. I am trying to measure the performance of my 2 rental investments in terms of ROI, Cash on cash return so far, expenses, mortgage, etc. Can you guys share a...
*The economy gained 431K jobs in March, close to the 475K that had been expected. The Unemployment Rate fell from 3.8% to 3.6%, the lowest level since early 2020.*Incomes are rising, which is always good for real esta...
I wanted to use this forum to take the opportunity to find out from professionals how they keep track of Budgeting their money. This can range from how you budget your personal money to save for your first property (...
I am curious what others are using to track information on their rentals they own? it seems most use Excel....Personally the last few years i have been extremely hands off on my rentals, i have all my rentals managed ...
Good afternoon!Just looking to sharpen my skills for commercial multi family. I am knowledgable with small multi family but I am just looking for guidance in terms of properly assessing/ underwriting commercial multi ...
I'm a man that values structure and stability so eventually I would like to set up an LLC for my real estate business. ideally I'd like to have a series of LLCs - ironically called a Series LLC (du bum tss) - so I'm g...
Hi fellow BPers,Need your help for a friend of mine.He was denied a mortgage loan by Citi Bank because he is self employed. He has 3 weeks left to find another mortgage since he’s in contract. Used to be an investment...