Firyal Kassim
Split Gas Line for 4 units
Hello Biggerpockets Nation! I’m really new to this and grateful for the help. BLUF: I’m needing help figure out how to meter 4 units with one boiler. ugh! background: the one boiler supports all the radiant heaters in...
Rich O'Neill
ABOLISH the IRS and Implement a Sales Tax?
Curious to hear what this community thinks about the proposed legislation to get rid of all income taxes and instead implement a sales/consumption tax? It is very unlikely this passes, but could it actually work?https...
Jonathan Conaghan
California Governor and Banks Agree to Waiving Mortgage Payments
https://www.businessinsider.co...
Well, this is something. California Governor has said that banks including JP Morgan, Wells Fargo, Citi and others have agreed to waive mortgage payments for 90 days in light of the ...
Harry Williams
Do yo need separate bank accounts per property LLC?
A business partner and I plan to own multiple multi-family properties. We will start with one in 2019 and, hopefully, add 1 property each year for the foreseeable future. Each property will be owned by separate indepe...
JAY SHETH
LLC as Rental property Manager only to showcase as business income
Hello,I am rookie who is ready to make my first primary home as a rental property. I will be moving out of my primary home and make it rental house. The deed and mortgages are on our personal names. I have few questio...
Chris Lin
5 Years with REI Nation: Convenience Over Cash Flow
Background
I started my journey with REI Nation (formerly Memphis Invest) in 2019. At the time, I already owned a few properties. While they generated some cash flow, I found the effort required to manage them wasn’t...
NaDean Bowles
Private lending or crowdfunding?
I am legally separated from my ex but we have not yet been to court for the hearing. In my state, one of the only ones in the nation like this, in order for me to sign a guarantor backed loan my ex must sign as well ...
Justin Repp
Separating utilities
Hey folks. I am looking at a MF property that is priced pretty well and is in good shape. The cap rates with heat, electric, and water/sewer included in the rents are respectable but would be double digit if I could...
Eric Kouvolo
Equity Extraction- LLC or personal?
I own two vacation property rentals outright. The one I have had since 2012 is titled in my LLC and the other I just purchased in July with cash value from my life insurance policy and titled in my name. I wish to p...
Shawn H.
Series LLC in Illinois
I'm looking for information on Series LLC's, or maybe clarification. The way I understand it, a regular LLC in Illinois: $500 setup Articles of Organization, $250 annual fee, all properties within LLC are vulnerable t...