Leandro Bidal
Should I use LLC right away to get started in my situation?
So I am fairly new on bigger pockets as well as becoming a landlord. I have some experience in real estate and I've flipped a couple of homes therefore I have a significant amount of money to be a cash buyer. At this ...
Melissa Nichols
Letters to Accompany Offers in Michigan?
Hi there,I'm looking to invest in Michigan, although I currently live in California. In California, it's standard protocol to include a letter along with an offer on a house as a way to 'win' over a seller. Just did i...
Jacob P.
Reviewing last years taxes -- Where would QBI be?
Doing taxes last year, I brought everything to my accountant very excited about the 20% QBI deduction, and it seemed likely our rental properties would fall within all the "safe harbor" principals.Over the phone, she ...
Kiki Helland
SDIRA - Buy Property back that was quitclaimed
My sis and I inherited a piece of property from our parents which was bought by our mom many years ago. We had to go through probate on this raw land and soon we will have title but I will be quit claiming my interest...
Patrick D Kelly
Spouse Signature for Investment Refinance in Texas
I have a rental property in Texas (community property). I owned it before I got married. It is in my name only. My spouse has never lived there.I'm doing a cash out refinance via Rocket Mortgage. I'm about to clos...
Austin Vauiso
Buy/hold partnership structuring w/ 50/50 $ down
I would like some advice on a fair way to structure a partnership with the following deal:Myself and a partner investor each provide 50% of the down payment. I found the deal, and I will be doing the rehab (hiring con...
Derrick Lloyd
AirBnb private room and HOA rules
Hi,I live in a 2bd/2ba condo an currently rent a room to a friend. I found out that he will be moving out in a couple months, so I am exploring different options of what to do for the second room.One of the potential...
Robert Leonard
Using a 1031 Exchange with a mortgage
Here's the scenario. If I have $100k to exchange. I want to buy a $200k property for $125k. It expect about $25k of repairs & other costs. I want to transfer the whole $100k "into" the property. I want to bor...
Brandon Breaux
Pet Policy for residential lease
I'm going to allow a tenant with a pet at one of my rentals, Does anyone have a pet policy that I can add to my lease. Thanks.
Todd Kozak
Roofing inspections on tall buildings
I recently went under contract with a house that has 3 stories (2-story with large attic). There isn't access to the roof from the 2nd or 3rd story. They only have 30' ladders and that wouldn't work. They didn't ...