Hi, I know this is a question for a CPA and I will schedule a meeting with him, but in the meantime, I wanted to see for those of you who might already know....I have an LLC that contains 5 properties and I have been ...
Should I only hire a handyman who is licensed and insured? What are the ramifications if the handyman is not licensed and insured?
Hi all, i'm the seller in a rent-to-own contract I entered into with a friend who was getting into the real estate business 2021. He wanted to be the property manager and manage the house until it could be sold again ...
1. If a newbie investor has access to a 401k loan for the down payment, how is that viewed by Hard Money Lenders? 2. If using the 401k loan as a down payment, I assume it's best to wait until after a credit report and...
Hello all,I am currently analyzing a 9-unit MF in Manhattan. 8 out of the 9 units are rent stabilized, which really affects my cashflow. I know you can convert RS to FM by giving in writing, a note stating that you wi...
Hello everyone,
I am new to all of this, I really enjoy reading the site it's very informative. I just would like to have a mentor so that I can learn from them. I'm interested in rehabbing homes and then renting/sell...
Hello all, this is my first post on Bigger Pockets and was just wondering if anyone has any advice for me.
I'm currently live in a SFH I bought in California back in 2015. I still have a mortgage on the house but I ...
Hey guys. I'm currently in the process of closing on a house I plan to flip. Purchase price of $80,000. Needs about $20,000 in renovation and then will sell for approx $135,000. How can I roll over the profit from thi...
I've recently seen people giving advise to take out a HELOC as a means to pay your normal everyday expenditures including bills, and at the same time, taking your paycheck from job and applying it every month towards ...