I'm currently interviewing a few local (Dallas / DFW) property managers. Some have been very helpful with providing feedback on certain neighborhoods / areas. However, I can't help but wonder if they are slightly bias...
Hello Hello BP Peeps,As I get my real estate investing going, I need to know, do I create an LLC or not? I live in California but buy and rent in Oregon. Would I create an LLC in Oregon or Cali? I plan on buying multi...
Is there a general rule of thumb on when to create an LLC?I'm in California and know LLC's are expensive. But is there a cut off when you reach $xxx amount of income from your investment properties is when you should...
I own a rental property and I want to separate that property from my personal assets. Can I form an LLC for a property management company to rent out the property instead of listing my personal name on the lease? I do...
I have a borrower who asked me if he could "borrow in the name of a 'land trust'..." He briefly explained some of the nuances, and when I asked him why he did this he said, "It protects us a little better than a LLC.....
Here is my situation. I purchased an investment lot in 1998 for $145,000. I sold it in 2007 for $450,000 and did a 1031 exchange with the proceeds and bought another lot for $475,000 The market naturally has dropped...
I am new to Bigger Pockets, and excited to connect with the people on here. My wife and I currently have a house and are looking to purchase a rental property to start building our rental portfolio. We live in Dallas ...
Hi All,I have a fairly broad question looking for insight backed with reasoning from your personal experiences. I am in my early twenties and dropping out of college allowed me to work and save up about 300k. I don't ...
What would you do if you had $200k to invest today? Would you invest in STR, if so, where? Would you try and get a mobile home park? Would you try and do flipping or BRRR? I am looking for creative ways to try and inv...
Hello everyone, I would appreciate some feedback / suggestions:Tenant wants to make rent payments bi-monthly. Current lease states rent of $1775 due on the 1st. They want to pay $887.50 on 1st and 15th. They said they...