Should I start an LLC right off the bat or wait until I actually have an asset or 2 and then transfer. If I should transfer later, what do I do about the "due upon transfer of ownership" clause from the bank? Can I ge...
Hi! 1st time poster and new follower of biggerpockets thanks to my little brother raving about it all the time. My husband and I are wedding photographers and it has always been our dream to own a venue. We just st...
Ok, so here it is in a nut shell. I currently own 2 SFR that I am renting out. I only rented the 2nd one out 5 months ago. So I am renting myself until I can show the rent as income and therefore get the mortgage on m...
Hi All,I have a gas leak situation in my rental property and below is the message that I received from my PM. What are the options I have and any idea on rough cost estimates etc. This is a property in Arkansas.Here i...
My husband and I bought our home one year ago using a FHA loan here in Los Angeles. Our home only cost 2/3 of the amount we were approved for. We are now looking to buy a rental property in Grand Junction, CO. I...
Hello,I'm getting ready to do my first deal, and was thinking about proceeding with getting an LLC.I attended a Fortune Builders event several months ago, and was contacted by a company called Nevada Corporate Headqua...
I am looking to acquire my first rental property. I often read how people leverage their money with hard money or private money. I am very conservative, and like to keep my debt ratio as low as possible, and as such ...
Hello, and my name is Bryce and I just turned 20. I live In Lincoln Nebraska (modest priced midwest real estate for the most part). I have an internship as a property manager of 184 properties, and I have learned SO M...
So I currently own my 3 bedroom townhouse in Scottsdale, which requires monthly debt service of $750 a month, not including a $150/month HOA fee. Given the location and market conditions I believe I can rent it out fo...
I have a tenant moving out of an upper unit and a new one moving in shortly. The unit is a classic "attic apartment" and has sloped ceilings. Currently, it has a gas stove which was there when I bought the house. Pers...