Sarah Bridges
Nothing in Market meets 1% rule
My husband is in the military and we are getting restationed to Okaloosa County, Fl, (Destin, Crestview, Niceville, Fort Walton Beach) area. We want to purchase our first investment property, preferably a multifamily,...
Dzenan Catic
LLC / legal set up of your rentals
Hi guys,
When you put your property in an llc , do you make sure that everything is in the Llc’s name (Insurance, mortgage, all the lease and rental paperworw, etc.) ?Also, when you have multiple properties, how woul...
Phillip Trujillo
Shall we pull the trigger? - Owner financed deal in middle GA
Good morning Bigger Pockets!
My family and I are moving to GA in January (I’m active duty USAF) and we are looking for a home. I stumbled across a property listed FSBO on a well-known military "yard sale" type site...
Kelly Williams
Sell rental before capital gains tax?
I am moving out of my current residence and plan on turning it into a rental. From what I can tell if I sell the house within 3 years after moving out, I will not have to pay capital gains tax. The rule is if you...
Melissa Villegas
URGENT: Tenant wants out of lease, threating lawsuit
Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...
Christian Bors
What should I do? Late Payment good tenant
So here's the situation.
I inherited this tenant, let call her tenant A, when I first purchased the property back in July. It’s a triplex, I live there myself and rent the other two units. This is my first property...
Bienes Raices
Is this a dealbreaker?
I'm planning to go see this house in a few days with a realtor. In the description it says it has an illegal garage conversion but "seller may convert it back to garage". Would you want the seller to do something like...
Sean B.
Gatlinburg TN Rental Cabins
Hey All, Just wanted to bring up a possible idea I have been having to you guys. SO currently me and my father have been looking at putting our cash together and purchase a log cabin in Gatlinburg for a vacation renta...
Mark Forest
LLC controversy
The company entity issue continues to come up on this board as well as my landlord’s association. Here is a site that recommends against an LLC or corp.: http://www.johntreed.com/entity.html
...
Dylan Douglas
I'm a newbie... Question: Listed as "NED RECORDED"???
I am a newbie but no dummy. Just want to to get it right.When I locate a property of interest just listed as "NED RECORDED:" on a local government foreclosure list, what is my first best move?