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I'm trying to understand whether or not it is recommended to create a LLC or S Corp from the start. I plan to buy and hold multi-family homes and create a passive income. Do I wait until I have 5 - 6 properties and...
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Need some help on this matter.My sister has a home in Torrance, CA. It's worth around 1.15mil. She has 245k left on mortgage plus around 100k equity loan she used for kids school. Around 18yrs left after last refinanc...
I am curious as to how the process works for buying land and building an apartment building on it. How does financing work? How much cash and/or collateral would we need? Can buying the land and construction be wrapp...
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I am a new investor looking to purchase my first single family property. Me and the property owner have made a verbal agreement on price, thus my next step is financing.I contacted several banks in my area big and sm...
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I couldn't find anything on this specific thing when I searched so here it is: the water at my duplex has a very strong chlorine taste. It's also upsetting her kids' skin because it is so harsh, so a simple drinking w...
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Hello all! Newbie here and I am in need of some advice and guidance. My current residence (3bds 3ba) was an inheritance from my father. The property is paid off and probate is finally over. Originally I had wanted to...
Needing some feedback or ideas on how to market and get units leased in Tacoma. My husband and I recently purchased and rehabbed a duplex (1/1 and 2/1) in the Hilltop neighborhood of Tacoma, about two blocks from St. ...
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Hi All,
I'm very excited to get more involved in the BiggerPockets community! I currently own a condo and rent out a room but am looking to move into a duplex.
As I'm doing my research I find it very hard to find ...
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My wife and I own a two-flat in Chicago, and we're planning to upgrade our heating system. Currently, we have boilers and radiators that we want to remove to create space in the basement for a future conversion into a...
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Hello BiggerPockets Friends! I just went PRO this week and decided to take advantage of all the great BRRR tools provided. I ran this report under the context of getting a hard money loan and following the BRRR strate...