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Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...
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Hey There,Can anyone explain to me how to calculate how much I could ask for a business with the building? Thanks
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I would like to buy a used car for my LLC, 100% business use. It would be under 6K lbs. Would I be able to deduct the cost against capital gains profits of my LLC?Sorry, I know this has been talked about but I was una...
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Hey everyone!I have been doing some extensive research on how to become a GC in Illinois. Although it says you don't need a specific license (only for roofing and pluming) I'm still unsure on how the process works. ...
Just curious everyones thoughts on using an umbrella policy vs an LLC especially with an expanding portfolio?
thank you in advance!
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Hi everyone,I currently have an AmEx platinum for personal use for which the annual fee is $695. I was thinking of getting one for my property's LLC and then adding myself as an employee with a separate card, cancel ...
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Hi allMy name is Thurane and I am very new to biggerpockets. Ive decided to start my real estate journey this year! and Ive been doing extensive research on a good strategy for my first investment.I have been doing ex...
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Hi Everyone,
My question is do you favor replacement cost insurance vs. rebuilding cost insurance? Also, if the property is destroyed and you have only replacement cost insurance do you rebuild or just sell the land ...
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BeforeAfterI did my first BRRRR deal back in 2017 and paid all cash for it at through a wholesaler (source of funds - HELOC). The deal was a fourplex and had 3 tenants at time of purchase but the rents were well belo...
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Hello and thank you in advance for your help.
I have a long term rental that has been sitting for a bit. The property isn't the problem (new construction, out of state in TX) according to my PM. It has been suggested...