Afternoon BP forums, hope everyone enjoyed their thanksgiving.So I built a good relationship with a seller a for sale by owner and he’s motivated to sell he has taken the deed of a property from his deceased father an...
State Farm says its BroadForm policy - do you know if is this really an HO3 or HO5 (guess its all Open Perils on Personal Property as well)?
In the state that has the richest heritage of witchlore...
On July 23rd, the Massachusetts Senate passed Bill No. 2296 (http://www.mass.gov/legis/bills/senate/185/st02/st02296.htm) seriously handicapping the use of a...
Curious what the rule of thumb is on screening existing tenants. I currently have no background, credit checks or employment verification for 4 different inherited tenants. We're slowly repositioning the property from...
Hey everyone! Glad to finally join the Bigger Pockets family. I'm curious to see how everyone's first (or first few) deals with multi-family properties went and what your experience was through the process. Any lesson...
My mom owns a 3 bedroom house in Round Rock TX that she purchased May 2011 for 214k. It is worth about 280k now. Don't know her mortgage payments or exactly how much she owes.Would the tax benefit be worth it for me...
We have reached out to a couple of local investors and we are getting mixed thoughts. One investor suggested to form a LLC and buy properties through a business. They said it would protect us if things go wrong. The o...
I am preparing to set up another LLC. I came up with a name based on a Bible verse that has to do with financial wisdom. I searched my state and the name is available. However, I did a Google search and discovered the...
Hello,Mortgages take a big chunk of cash flow out of holding a rental property. Assume that each year an investor acquired a triplex or quad. Assume that the cash flow produces 100-200 after mortgage is paid and opera...
Hello, I'm a 36yo Physician Assistant in Ohio. Current income is around 350k between the two of us. We have 400k liquid currently. My wife and I have been collecting data and saving up our nest egg for the past severa...