I’ve purchased an abandoned adult car home and am going to be converting it into eight 1+1 apartments. Cheap property, huge rehab costs. It’s in a smoker-friendly state and the units will be about $550/month not inclu...
Does anyone know if NJ allows a Series LLC? I'm thinking it does not. But if it does, and I've already formed an LLC, can I turn that LLC into a SLLC?Thanks.
Hello all! I have found a medium multi family that is off market at this time. Owners are trying to sell but, are telling me USDA won’t allow them to sell. Question is why would USDA not allow a sale? Can they keep yo...
I am just getting into Wholesaling and interested in Transactional Funding. My area is Southern California. Is Transactional Funding legal in California? Is it the same thing as Double Closing as far as the Title Comp...
Hi
One of our tenants has a one year lease that ended last month on a 1 bedroom condo he rents from us. Tenant has been a good renter who has paid on time so we are allowing him to go month to month. We do n...
Good Morning!
I am a newbie investor and new to the Bigger Pockets community. What a wonderful site!
I have a real estate license and have been in real estate finance for several years, helping others t...
Hey BP community, just wanted to take a second to introduce myself. My name is Cesar, everyone calls me Romeo though. I am a licensed real estate agent in California but currently live in Bremerton Washington where I...
One of my tenants has asked if she can have a satellite dish installed by the cable company and needs a note from me granting permission before she can do it.
Do you folks allow dishes on your properties? This is th...
I'm familiarizing myself with the foreclosure market in Northern Virginia, specifically Fairfax County and I have a question on obtaining the cash for purchasing a foreclosure at auction.
This may not be unique to on...
Can anyone explain what deductions are allowable as a limited partner in a real estate deal vs. actively owning/managing a property? For example, if someone creates an LLC through which they invest in limited partners...