Eric Telese
Does conventional lender need to be in same state of property?
Hi all. I am looking at purchasing out of state rental properties. I live in NY and want to invest in Georgia. 1- Can I use conventional lenders in my area? Or do I have to go to banks in the area I am investing? 2- W...
Daniel Patterson
Is there more profit renting in some states opposed to others?
On Long Island, especially in my town Massapequa/Plainedge, taxes for a single family home are high... like 15k-25k high. Now I have read that homes of similar sqft and condition in other states have lower taxes. 5K o...
Bob Smith
Is Registering a LLC in the same state as rentals necessary?
This is a tax/legal questionex. My llc is Wyoming llc. I have properties in MI and AZ. Do I need to register my LLC in MI and AZ for tax purposes? ContextI have been registering it in the states of the rentals on ...
Dennis Gallof
Setup LLC within the same state as condo or my home state?
I have an LLC for my side business and I know the benefits of having one like protecting / keeping my personal assets separated, being able to write-off any expenses, etc.; however, I'm wondering if it would be better...
Sandy Metivier
commercial lender need to be in the same state as the property?
Hi… I have a 6-unit in Cleveland OH that I own in full, and now I’d like to seek a cash-out refi commercial loan/mortgage. Does the lender need to be in the state the property is in (Ohio)? (Oh, and I live in CA).I’m ...
Michael Guzik
Those who can't succeed... teach?
Hey Guys I was on another forum and Tim Gordon posted something that really struck me. He said " At this stage of the market, those who can't succeed teach." This is something that I wholeheartedly agree with and some...
Louis Walker
The new Capital Gains Tax could be up to 59% in some states.
I’m hearing this new CGR could be a very bad thing. I’m not discouraged, but would like to get some guidance on how to maneuver it so that I can help my wife (and myself) purchase with confidence.
Jeff Martin
Does my LLC need to be established int he same state as rentals?
Hello BP members. Newly motivated to get rental property under my belt with all investments held inside LLCs.I plan to relocate to Texas within the next year but looking at Morris\ Memphis Invest and other Turnkey pro...
Bryan Thompson
attorney have to live in the same state my real estate is in?
Hello,I'm making a LLC in Virginia because I live there and I'm going to start investing in Florida or Georgia. Does my real estate attorney have to be located in the same state as my assets?Can I trust them if I"m no...
Account Closed
Looking to Help Beginners ! (Investing , Financing, Managing)
Hey all, I am on bigger pockets simply because I want to help beginners make that leap like I had to all on my own before I knew about bigger pockets. A quick blurb on my experience : I am a serial House Hacker I am ...