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I have been talking to fellow investors about wether it is better to own property free and clear or have some kind of money against a property even if it is a line of credit. Tax purposes is the answer I get when I tr...
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Townhouse in my name. Mortgage with the bank is 2.75 percent in my personal name. 28 years left. Deed is in my name. Bank won’t let me change the mortgage to an llc, said I have to pay it off and refinance with a comm...
Hello, friends. I am curious to know if anyone here uses Nationwide Rentsure (https://www.nationwiderentsure.com/). I happened to find them randomly browsing around the internet. They seem to fill a niche I've been...
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I just bought my first investment property in my name (all cash) in the Detroit Michigan area. Before I file the home transfer affidavit and submit the shorter rental application with the city and setup utilities, sho...
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I have an LLC in Indiana for my investment properties. It was set up in the last quarter of 2015. The physical address is in Indiana, but the mailing address is in my local area. Can someone with experience and/or kno...
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Hello! This is my first Bigger Pockets forum post, although I've lurked on the forum reading posts and learning a great deal along the way. I'm also an avid listener of Bigger Pockets podcasts!
My wife and I are cont...
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The area i am particularly interested in has a 8.8% vacancy rate...is it too high,average or low?
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If I do an a to b then a b to c short sale with my LLC being the B and I don't receive proceeds from this transaction how can I avoid being taxed? Once again I wouldn't receive any money from this deal just trying to ...
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I am just starting out. I don’t own an investment properties yet. Every time I listen to BP and they are talking about having your LLC set up properly, come tax time, I never know what they are truly talking about. I’...
Hello, new to this website, I had a question, how often do you guys rent to criminals? Do you have a policy for that, such as type of crime will deny the application?I want to give people changes because I can underst...