Hi all,I recently spoke with my attorney who said, very confidently, that I should have the ownership of my rental properties in my LLC, versus owning them in my name. My attorney has been doing this for 30+ years and...
Hi BP!I'm looking into investing strategies and have been looking into Section 8 housing. I know that the rent is based on the preset FMR which is decided by HUD. My questions is: Is there any way to see the history...
Hi! I’m curious how you all store savings for things like reserves, CAPEX, etc. Our property has cash flow and according to the many bigger pockets podcasts I’ve listened to you shouldn’t just pocket all cash flow but...
Hi there -- I'm a relatively new RE investor (just closed on my first property in May), and I'm researching locations to begin building my portfolio of RE properties. My two options are: (1) =Continuing to invest loca...
I love this forum and am so grateful it exists! I'm a newbie getting ready to make my first purchase and trying to determine the pros/cons of HML, HELOC or using savings. I'd love to hear everyone's thoughts on this. ...
I am almost finished reading, “If You Can’t Cashflow After This...” and in the book he’s speaking of receiving promissory notes to receive monthly payments versus one lump sum payment. I’m curious is anyone doing this...
All, I'm closing this week on a multifamily deal. We're doing a double close and the holding period is just 1 day so I don't think I can qualify for the 1031 exchange. Let's say I'll get paid out around 250K. To my kn...
(This question does not seem to fit into any particular category but since I am asking as part of a house hack strategy I am putting it here.)I'm trying to narrow down my search for a first time home/house hack that w...
Hi Everyone, I am new to mobile home park investing. I need some advice on whether it's a good idea to buy a few small parks or one large one. My thinking is maybe diversifying in 3 states would be a good thing in cas...
Hello, Need help with this current Scenario..Conventional Loan @ 4.35% on a Single Family Home with a Balance of $295,000 & w/HELOC of $70,000. Property Value $520,000. Goal to take another HELOC for investments...