Hello all!  Newb still working on the first purchase here ;)   We all know that Delaware is the usual state to incorporate or establish the LLC for tax purposes, but I have also been told for real estate investing it'...

Last year we bought a triplex in Joplin Mo and planned to do and extensive rehab and rent it out. Half way through the construction an inspector came by and gave us a stop work order because we were not doing it to co...

Hello Biggerpockets.
Its The People's Agent here to give more useful info since I am always learning new techniques working with investor clients and doing investments myself in Oregon.
This post is about deciding w...

Scenario: An REO foreclosure lists for $400k on the MLS. The property appraises for $800k. Will a mortgage lender give me an amortizing loan at 75% LTV (i.e. $600k), based on that appraisal, to (A) purchase the proper...

Hey all! I'm a new landlord with some units becoming available soon. I am trying to rent to travel nurses mainly (13 week stays), but ideally, I'd like to keep my leases under 30 days to qualify as short term rental i...

Hi Folks,Is there a standard percentage that you all figure in for vacancy, capital expenditures, maintenance and repairs or does it vary by area/property? I been figuring in 3% vac, 3% repairs, and 8% capex...am I fa...

I sat down with my accountant today and discussed hope to maintain my investor status while I transition to a full time investor. He assured me that fix and flips would never jeopardize that status. However I have...

Hi all,I want to move out of my primary residence and then buy another property. How would you go about this? If we lease this property, how long does it take for the rental income to count as income from the lenders'...

Hello BP, I am comparing insurance policies for my most recent rental and the policy that I believe I am going to go with carries $300k in liability coverage.  My question is: do I need liability coverage if I am goin...

Hi all- I’ve recently begun listening to Bigger Pockets podcast routinely. Looking to buy my first property in 2020, I had a few questions on best practices when beginning. Should I form an LLC or initially begin as a...