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Good Evening BP,I am looking to see if anyone can shed some light on my current situation, it goes a little something like this:I purchased a rental property in Jan 2017 in South Carolina, this was an out of state pur...
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I am just a couple weeks into my REI journey and I am learning a lot! I am a bit confused on when it comes to the financing on BRRRR or fix and flips. How does one get the financing for the renovation costs? Is that f...
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Hello Bigger Pockets Family,I wanted to see what the process was to place a judgement on a previous tenant that left owing money and also left the apartment completely trashed. I would appreciate the help. Thank you.
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On April 2 I purchased a rehab property that was a short sale. This was a major rehab project and my crew had been ready and waiting for over a month so as soon as we closed we got started. Then, 12 days after (Apri...
Hi Members from BiggerPockets
I have an investment property in Maryland and I'm planning to transfer the deed to a LLC I own. I need to know if I will pay any tax by doing so. Please let me know.
Thanks
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Hello guys, this has been a very informative forum for me. I need insights and advice on an issue. My spouse and I own 6 properties all in our personal names. We are thinking of transferring the properties into an LLC...
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In 8 years of landlording, I haven't come across this one yet. I got a call from my Sunrise, Florida tenant on Saturday, saying he and his wife are out of state on vacation. Their mother-in-law stopped by that afte...
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I live in Los Angeles and have an opportunity to buy a 4bd/1ba home in Cleveland for $13,000. The section-8 tenant brings in $700/month (direct deposit from gov't). The house is in solid condition due to the annual ...
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What to look for when taking insurance for a 6 unit property?
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I have a trip coming up that will be mixed personal/business. We own a rental property in Charlotte, but I also have family in town that I will be visiting. How do I organize this trip to make the most of my deducti...