1. Partner Up and/or Hire Up & Hire OutSo much more gets accomplished when you have partners, or an assistant, or a team, or vendors or others with whom you're working. It's a lot more fun too if you're growing ...
Hi guys,
I am in the process of negotiating a purchase contract for a house. The verbally agreed upon selling price is 128,000. The seller's brother (a real estate attorney) wrote the contract using standard state f...
My mom is willing me her house when she passes away. Any suggestions on how to structure the will with specific provisions to allow my stepfather to remain after her death? My heart would like to let him stay for free...
Hello All-So I recently purchased a condo (2/2 1k sq ft ground floor apartment) at foreclosure auction here in Wilmington NC. It was quite inexpensive so I feel good about that, BUT I have two concerns and would lo...
Hi I am newbie and wanted to find out if you sell a residential property that is titled under an LLC can you use the 1031 exchange for capitol gains exemptions?Kind Regards,Stephanie
tl;dr Soon to be newbie self managing. I'm scared to death of lawfully having to choose a borderline acceptable tenant over a highly qualified one. Made a scorecard to pick most qualified; pick it apart.So as I start ...
Hello everyone, this is my first time posting in Bigger Pockets. I used to be a State Trooper in WA State and my husband was recently medically discharged from the US Navy. I am originally from WA and we purchased a T...
Is it normal for Property Management companies to ask for 50% of first month's rent for a new lease and 25% for every lease renewal. There's no cap to this amount. I have seen this is in two different markets though n...
Ideas to Get around the 6 Month Seasoning Period most Banks require?? It is slowing down my BRRRR process. Most the banks/credit unions I have talked to require 6 months.
Below is the current situation and I would like to get perspectives on the best way to protect a new rental property purchase.Current Setup:CA LLC 1 (1 long term rental property)CA LLC 2 (1 long term rental property)C...