Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust. I've noticed many investors choose to transfer such properties to an LLC for legal reasons. If a p...
I had my roof replaced in 2020. We just had a heavy rainfall over the past week and my tenant notified me that their is water leaking through the ceiling into their laundry room. I checked the attic and and there is w...
Hi all,I am new to biggerpockets and eager to start building a portfolio of rental properties. I currently already own one rental property free and clear. So far with my one property, I have had a great property manag...
I am looking at purchasing a house via online auction. It states the seller will "pay delinquent property taxes and any delinquent HOA assessments in accordance with the applicable Purchase Sale Agreement."
It also h...
I recently posted about a significant wind storm in October causing damage to one my tenants car (windshield and body) when branches from the tree in my driveway fell onto their SUV. This was a significant wind storm,...
HI guys, I am in the process of buying a new condo to rent out and I know it needs some work done to get it ready. What are some of the questions you ask prospect contractors or handyman in order to determine whether ...
I need some expert advice. I apologize in advance for the lengthy post, but I need to give some background on my situation. In 2006 my wife and I bought a condo (I know... Now) in Western CT for 280k in both of our...
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*This link comes directly from our calculators, based on information input by the member who posted.I have this under contract for 146K. I'll do owner-occupy but I will actually live in m...
Hi fellow BP members, My husband and I are new to REI. For our first deal, we decided to focus on a 2-4 unit small residential property in Phoenix AZ, Orlando/Jacksonville FL, or Raleigh NC. Being a mom with a full-t...
Nightmarish scenario! 1 hr after taking possession of our new dream mountain home in Colorado we discover the furnace is emitting fumes. I call the emergency gas tech. He detects lethal levels of Carbon Monoxide (CO) ...