I currently have an LLC for my consulting business (not real estate) and want to loan my real estate LLc money for purchase and renovations. Is this allowed? Or do I need to make a disbursement to myself to fund the...
[b]NOTE FROM BIGGERPOCKETS ADMINISTRATION:
THIS DISCUSSION IS A VERY GOOD EXAMPLE OF HOW NOT TO DO BUSINESS. I HAVE KEPT THIS ON THE SITE BECAUSE I BELIEVE IT IS IMPORTANT FOR NEWBIES TO READ AND LEARN FROM.
PLEASE ...
I'm buying an old duplex built well before 1978. It's not a HUD Home. My financing is FHA 203k Standard Rehab loan. The plan is to do rehab throughout the property. It has chipping paint around the exterior of windows...
Hello BP family! I want to give a friend advice on a situation. However, I'm not really sure how to handle this. Interested in hearing your advice/feedback on a possible domestic violence situation:If a tenant in one ...
A little backstory, I bought the house in June and in November my property manager finally found a tenant through a charity that helps homeless people find homes. I was already not sure about this PM and have a thread...
Hi everyone, A tenant has brought to my attention she wants a esa for medical problem at sfr I rent to her. So today I get a text with a picture of letter from an alleged medical provider (DNP-C). Missing from the ...
June 14, Dallas City Council votes to ban short term rentals like Airbnb and Vrbo in single-family zoned neighborhoods. Enforcement will take effect in December of this year. This effectively ends the " wild wild west...
Just bought my first duplex, walked into it and noticed a crack in the molding on s countertop in the kitchen. I pulled up the counter top and it popped right off and several roaches crawled out. Ew.
This is the only...
Hello Everyone, My name is Abi, I am from Calgary, Alberta, Canada. I am really excited to join the Forum, I have been working on my goal for real estate investment and I am ready to buy a first single family home res...
Hey folks,
The more deals that come across my desk for multifamily units, the more I ask myself this question: How much cashflow per door for a multifamily property makes sense for me to manage a small multifamily b...