Jason Malabute
got property under contract and setting up llc
Hi guys,I finally have my first rental property under contract. As long as the inspection goes good on Monday I will have my first rental property. I'm so excited.Questions:1. When should I start setting up LLC to put...
Ronny Crawford
Legal Advice on Change Orders
Hello fellow BP community!Does anyone have any experience and advice regarding Change Orders that were completed prior to and without approval from the Owner?I recently received two rather large change orders on a fli...
Tristam Griffith
Rental Property Insurance
Hello all. One of my clients just got a really simple claim turned down by his Berkshire Hathaway owner's policy. Someone broke in, and cut all the electric out of the basement. Berkshire said theft isn't covered, but...
Penny T.
Property Manager sent a bill for 7K + for smoke damage in unit
We've rented from the same property management company since 2006, and were in our last unit for 7 years. Smoking was not prohibited, in fact when we specifically asked if there were smoking/non-smoking units, we wer...
Matyas Sustik
Landlord cannot deliver possession
[We have been landlords for 8+ years in TX, and for the last 5 we were also renters in CA. Where we live, it is more economical to rent than to own. So we know both sides of the transaction.]We are about to sign a new...
LaTonya G White
VA Home Loan for Investment
I'm a newbie, so this question may have been asked and answered multiple times.
Has anyone used their VA home loan benefit to purchase a 2nd property, move into this 2nd property as their "primary" residence and rent...
Christine Snyder
Title insurance on a tax sale property
Anyone have experience with buying tax sale properties? Here in KC they require a 12 mth challenge period. Title companies won't write title insurance until challenge is over. So, if I can't get title insurance do I...
Mary Louise Wong
New Real Estate Investor Question Concerning Home Inspection
Hello everybody!I am glad to be part of the bigger pockets community! I am new to the world of real estate investing and learned a lot during the first two months fo getting my hands dirty with the CoC calculator and ...
Salah Dajani
Material Participation on STR purchased late in year
Most of us are aware of the potential tax benefits with owning a STR and some of the rules regarding material participation. I was wondering if you purchase an STR in December and perform a cost segregation study and ...
Miguel Luna
How did you start investing?
How did you get started investing in real estate? When did you first get the idea to invest in real estate?What prior education did you have?What helped you the most?