Account Closed
Operating multiple LLCs
So I have a question that I've doggedly tried to find the answer to. I've heard from the REI community that it's best to put each investment property under their own LLC for personal asset protection. However I'v...
Adrian Vega
Tenant feels I don’t trust them.
Hello all,Thanks for any input. So I have owned a 3 family since February of this year. I did inherit my 2 tenants anyways I have always texted them a day before letting them know I would pick up the rent from them an...
Mindy Jensen
Refusing to Work With A Specific Agent? Violation or Preservation
My neighbor just sold her house. (Timing was awful and I was out of town the entire time it was on the market, forcing her to go with another agent to list.)The agent representing the eventual buyers was an absolute n...
Dayne Delano
Transform family home to a rental property?
We’ve outgrown our family home, but instead of just selling it, we wanted to keep it & rent it long term. $200k + equity in California home. Hoping to transfer to LLC? Good idea? Thanks!
Jeanelle Ignacio
Strategies & Tax Implications for purchasing commercial property from parents
This is my first post for some insight on this great forum...and it's got a ton of moving pieces.My husband's parents own commercial property (free & clear/no mortgage) on a large lot that has a board and care (as...
Scott Bridgehouse
Loan Officer: 25% Down Payment Required For First Time Homebuyer House-hacking 4plex
BiggerPockets Community! I am so happy to be posting my first ever question on the forums. Long-time listener, first-time poster.As the title suggests, I'm gearing up to buy my first ever property. I have a realtor, a...
Mark S.
Two 4-Plexes
I'm currently analyzing the two 4-plexes below. Even if they both check out, I will buy one or the other, not both.
FOUR-PLEX #1 - $125,000
All heating units less than 7 yrs old. Roof replaced 5 yrs ago.
...
William Kuczmera
Is Cashing out my 401k to buy a duplex a good idea ?
I currently own and live in one side of a duplex I picked up just over a year ago. I am anxious to purchase another. I am strongly considering cashing out my 401K in order to be able to afford the 20% down payment tha...
Anthony Standard
Self Directed IRA funding
Hello BP Community,I have in a Self-Directed IRA. I'm ready to pull the trigger on purchasing my 1st multi-family property. My question is, when I buy my property and its cash flowing monthly, how do I reap the financ...
Samuel Shipley
User Stats & Votes
I was hoping somebody wouldn't mind providing a brief explanation of the user stats and their purpose, especially the "votes." And if someone could provide a link to that information that would be great as well. Thank...