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I am a first time investor and I am wondering about moving my soon-to-be rental property into an LLC. Is this a good idea, why or why not? I filed for an LLC along with my application for a business line of credit. I...
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Hey BP community my name is Shane I am a licensed real estate professional down in Cheyenne, WY and I am new the the Bigger Pockets arena. First reaction is overwhelmed with the amount of information there is to cons...
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My situation is that I am due to close on a property mid June and I am still looking for a PM.Since I deployed overseas, I need someone to take care of things until my return in November. I wrote to a few yesterday. T...
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Hello, my wife and I are beginner RE investor, we just bought our first duplex in Sacramento this year (with existing tenants). We are planning to buy another duplex this year, and maybe more properties in the years t...
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I've been approached by a lender from UpLands Private Lending, and their rates seem great. Does anyone have any experience working with them?
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Hey everyone! I'm closing on my first property next week (finally!) and I've been advised by some friends to go the LLC route. It's a triplex, and I do plan on purchasing more in the near future. I guess my question i...
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I need to form a LLC in order to satisfy my lender requirements. The 12 unit apartment is located in Cleveland, OH. I live in San Diego, CA.
In what state should I setup the LLC? Should I use a real estate attorney o...
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Hopefully someone can shed some light from experience.I'm in Rhode Island and going to do a 1031 exchange and my accountant needs to obtain a letter of good standing from my state. The accountant claims that I need to...
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I just wanted to see where I am in the grand scheme of things here...how old were you when you purchased your first property? I am 26 and will purchase my first property later this year (December time frame). Also, if...
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So many posts here involve new landlords seeking advice on common landlording problems. What to do when tenant does not pay rent? How do I handle unauthorized residents? My tenant is parking on the lawn! My tenant...