So I’m still researching and reading about REI (currently reading The ABCs of Real Estate Investing) and I realized I don’t understand how hiring a lawyer or account works.What exactly would I be asking them for and h...

I'm considering investing with a partner.  Here's the plan:Since we each own our own single proprietor LLC (let's call them LLCDave and LLCJoe), we are planning on creating a new LLC (123 Main LLC) for the purchase of...

I am buying duplex and there is a unit that is occupied. One side is is ready to rent and I want to move into the occupied side to do renovations and rent out the ready to go side. I'm 10 days from closing and the occ...

Hi all, I am in NC, I have a SFH that support the STR to MTR market. I have a MTR guest that has stop paying and refusing to leave even after I sent him a demand for payment or leave the property. What's the most effe...

Am I better off purchasing properties under my own name? Or go ahead and do them under an LLC? At what point is it worth the investment both for security purposes and tax purposes

I was at a REI investment seminar today and it was mentioned that you should never have your name in the name of your business - in the line of being "asset protection".  You should not use your name (first and/or las...

Would a deed in lieu completely clear the credit on the home owner?

I live in Virginia and want to form an LLC in Nevada. Do you have to form your LLC a certain way to be able to file as an S-Corp?

Hi guys,So I have a tenant that has been renting for only 4 months now, She is a single mom with 2 teenagers and 1 dog in the hours.For the 1st 2 months, she paid her rent on the 1st of both months (Ontime), in the 3r...

Hi Biggerpockets family. i have a question.We got two deals under contract last week and it went to attorney review and both attorneys canceled the contract, but I already agreed the price and the terms with the selle...