I am new to Biggerpockets and this is my first post/question. I own one rental in WA and trying to purchase a second one. Is it advisable to forego inspection when buying? I lost the bid on a third property today due ...
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Hello;
Wondering if someone can shed some light on the personal liability protection when forming an LLC. I am comparing forming an LLC VS forming a Sole Proprietorship.
I believe that forming an LLC protects a per...
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Hello guys,
I have a 4-plex with a metal roof. It was built in 1982 and the roof is original. It is currently functioning fine. A roofer I brought in during the inspection period said I had maybe 5 years left. He s...
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My father purchased a note about a year ago. We just got notice from our servicer that we are out of compliance. I will try and explain the situation.1) It was a land contract that was originated in 20112) There is la...
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I just bought my first duplex. It’s one bed, one bath, and both sides need renovating. I am wondering if it is more logical, time wise to hire out the work knowing it will cost more money but be on the market sooner f...
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Has anyone bought a 2/1 and added an extra bedroom to increase rents? I know every market is different, but in general is it worth the extra investment to bring higher rent amounts? Any Denver peeps have experience wi...
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Hey BP Community!One of the most interesting things to me in RE is flipping. But there are some minimum required construction skills when doing a rehab, that an investor should understand, in order to at the very leas...
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We have 3-4 units out of 48 that have "mystery odors" -- We have had no luck in getting rid of them or pintpointing their location. they've VERY old buildings but there's no carpeting so once we do, we SHOULD be able ...
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Hello Fellow Investors,I am in the process of buy my first rental property in Chicago area.. It is a HUD (insured) home that only need cosmetic update. HUD PCR report reveals that everything is in working order. I h...
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Hello Everyone,I have hardwood floors that I uncovered when pulling out the carpet.I’m deciding if I should finish them or just buy vinyl planks. This would be done through the whole house.It’ll cost me approx 1.3k to...