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2 buddies of mine and myself have opened up a business and plan to purchase and lease property via the business. Is there an issue doing this through the business entity instead of as individuals? I read somewhere tha...
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Hi I'm trying to buy rental properties for 80, 90k. Wells Fargo is telling us they can not give loans with the title being in the LLC, it has to be an individual loan. They only do LLC title loans for above 400k. Is t...
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Has anyone purchased a multi-unit building (around 4-10 units) and done short term rentals in the whole thing? If so, how has it been for you? Any issues with multiple groups vacationing at the same time, sharing the ...
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Hello,
I live in Florida, and came into property management within the last few years unexpectedly.
I have several properties- I manage half and use a property management company for the other half. I am looking for...
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If I read this correctly, it will end the exemption for hard money/private money loans. After July 1st, anyone who wants to give a loan will need to be licensed. Getting a lender license is no joke, it's a tough proce...
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I've received 3 applications from 3 individuals who want to rent my rental house. I got the reports from SmartMove for all 3. 2 of them looked good except one with many collections listed and Smartmove recommendatio...
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Hello BP familyIs any one currently have investment properties in New Jersey?if so, would you be kind enough to share your experience, whether good or bad .Im trying to see from people who have skin in the gamewhat pl...
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What do you guys think about Chloe Eudaly creative idea of this?Commissioner Chloe Eudaly's office has circulated a final draft copy of a renter screening proposal that would take away an apartment owners' right to pr...
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I get asked questions from new and aspiring investors all the time. All too often, they go something like this: What’s the best thing to invest in? I have $xx,xxx, how should I start?Hey, I’m flattered. I’m flattered ...
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Hi Biggerpockets, need some clarification on the following topic. Is it possible to buy an apartment building portfolio, and sell a few of units to individual (not create a CO-OP style sale), which the individual d...