Michael Oliver
Can't get approved due to current mortgage =( Any Help?
Hello All.... I have purchased a home a couple years ago that I rented out here and there on AirBNB. It does really well. I am looking to purchase something closer to town and turn this property into full time short...
Jeremy Scherer
So I just bought my first rental. . . now what?
I just closed on my first rental property today in Grand Rapids, Michigan! I have a property manager, tenants lined up, a small list of easy touch-up / repairs to do, and cash flow from day 1. With the help of the BP...
Brian Schroeder
Forming a LLC in illinois
I am buying my first rental property. I have no dept and my net worth is about 150K, and I would like to keep it that way. Questions are 1. Do I open an LLC to protect my personal assets? If something should happe...
Troy P.
What are the drawbacks of a K-1?
I was reading comments about some crowdfunding site. Someone said they weren't attracted to a particular investment because it was a K-1 instead of a 1099. I was a little confused since a K-1 allows you to claim pap...
Nic LeTexier
Excel Property Analysis Calculator
Hey there BP Community! As we all know from listening to the BiggerPockets podcast, we should be analyzing 10 properties a day! For us just starting out (like me) we can easily miss something or plug in some numbers t...
Chance Cooper
When did/do you know its time to quit your job?
I have read different posts on here about guys finally leaving their cubicle and doing rentals full time…When do or did you know it was time to take the leap?I am in the Military and have about 12 years left. My plan ...
Marlina Eckel
Property Manager NWA northwest Arkansas
Hello, I am looking to purchase a SFH or 2-4 unit in the Northwest Arkansas area. I am targeting Fayetteville, but considering the other cities along that corridor as well. Does anyone have experience with an excel...
Michael S.
Success with appealing taxes??
I would like to hear about your success and or failure to get a lower property assesment. I am looking at a fourplex that has insane taxes for the area it is in. It's current taxes are about $8600, . I am told that th...
Wesley W.
Inherited tenants
Hello all,I'm currently under contract to buy a fully-occupied multi-family property. This is the first time I will have inherited tenants that are on a year lease (as opposed to month-to-month).One lease expires in ...
Nick Louie
Landlord-Tenant Law in New Jersey
Hi BP community,I am a first-time home buyer. I am going under contract for a property in New Jersey after giving up my search in New York. My property is a 3 family plus garden unit. So, I'm going to be a landlord so...