I was told when talking to guru's that when buying an investment property, to make sure that it is purchased as an LLC and insured as one as well. From my research (NJ), no bank will lend to an LLC (meaning I cannot ...
One of my family members house haves gone back into foreclosure for the 2nd time . The first time I suggested to file for bankruptcy to stop the foreclosure and it stop it and I got her a lawyer to handle the repayme...
Hi there,
Just discovered the Biggest Pockets podcast and forum. Looking to learn how to become a first time investor. I currently own two homes- the one I live in and another condo I’ve been renting out for 4 yea...
Several trends are occurring as a result of the economic restructuring and impact of technology on virtually every type of business. One of the major trends is that increasingly middle class Americans are finding i...
Hi everyone, I'm evaluating an opportunity to participated in a syndication for a mid-sized apartment complex as a limited partner. Any thoughts or advice on what to focus on or questions to ask? Based on the materi...
My Name is John and my first investment was in 2009. My portfolio currently includes on home in Reseda (San Fernando Valley) and one home in Houston (off 290, 77092). I own both homes with a partner and we are 50% ...
I'm looking for my first deal and the market in Massachusetts is super challenging right now. Over priced and fast moving. Found a 6 room single family house, which the listing agent says is in poor condition. The pho...
That is, while house hacking. At least in the areas that I've been searching for multis. Excuse the controversial subject title, but, I needed this post to stand out a bit :) So....I've been searching for a property...
Hello,
I am 30, living in Chicago, with a W2 job (which I love), and on my way to start investing in real estate.
I have $50K saved. Currently, I am focusing on learning as much as I can on rental property via po...
Hi Guys!
My husband and I have been buy and hold investors for the last 10 years. It was not our primary focus, which is why we only own two investment properties. However, we have paid off both mortgages and now mak...