Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12 rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...
Hello Everyone,So I have purchased my first home, rehabbed it, and am now renting it out. I want to do this process again minus major rehab.My question is should I get an LLC now or wait until I have more homes?I am ...
I am getting conflicting advice (from RE attorneys) on how to structure the ownership of this deal. I would greatly appreciate any advice you pros can offer (I understand it's not legal advice.)
Here's the situation:...
Trees are beautiful.....until they die. Then they are very expensive. Aside from a sad tax break how should I handle trees. I'm sitting in front of s very cheap house but has 2 dead tress in the yard. I can't see a w...
Hi, I'm looking to bid on an auction on Auction.com, but I am a bit confused about the title.Looking at the title provided on the auction.com listing, performed by TITLE365, in the "Judgment and Lien Information" sect...
Hello BP community, this is my first post in the forums and wanted to say thanks to any replies in advance! I just bought my first short term rental investment property on a popular river for kayaking and camping in m...
Does this appear to be a good deal? The blurb says the property is always rented.
List price 94000 price per sq '=$79.06
9.54 gross rents multiplier
.09 cap rate
list price $94000
average rent 775
Gross Sched Rent...
Hey All I am currently house hacking and over the weekend there was a leak from the toilet located upstairs in the unit that I live in. The water leaked into tenants unit, which costs water damaged to some of tenants ...
Dear allI am close to secure my first property (Canada) and currently discussing the mortgage details my banker. He strongly reccomends (for logical reasons) a mortgage insurance.1) What's your take about about it ?...
Hello,I am a software engineer who works remotely and lives in Jersey City. I am planning to invest in a house hack using the FHA loan. I have close to 50k to invest by Feb 2024, that is when my current lease ends and...