Hi Guys,
Looking to do a BRRRR. Do you guys do the buy and reno in one LLC (S-corp) and then transfer to another LLC (PASSIVE) for rental income?
How do you transfer after the reno into the passive rental LLC?
Look...
I am negotiating an off-market SFH in Kansas City and need help quantifying the seller's cost savings of selling to me as-is rather than listing on the MLS for more. I have already peaked their interest with the facts...
Help me do the math here.
Background:
My wife and I life in Palm Harbor, FL. The last two years real estate has been very hot here. We want to move to Aiken, SC to semi-retire and invest in real estate. For family rea...
I'm moving into 1 unit of a quadplex that I'm purchasing via a pocket listing, closing this week.Is it better for me to leave the homestead exemption on my SFH (appraised at $225k) or move it to the new quadplex (appr...
I have recently requested to have my PMI dropped on my primary residence because I believe the value of the property has increased enough to merit the PMI cancellation. The appraisal was done utilizing three comps, 2 ...
I just bought a 27 unit complex. I am new to complex of this size and looking for recommendation on best practices to manage property of this size. 2 things that i need advice one:1. Late fees: How to avoid that prope...
Hey BP!!! Hope all are well!!!I just wrapped up my first BRRRR deal and pulled all but some closing costs back out. I've got a local lender that I've had a long term relationship with so for me it was an easy choice ...
Dear BiggerPockets users,
I have a real issue here because my current agent was not as ideal as I first thought they would be - they have such high commissions, makes so much problems/mistakes, additional charges and...
For a SFH in Plano TX built in 1979 in recently purchased, it had foundation issue and plumbing issue. I fixed the foundation and now I am trying to fix the plumbing issue.One bathroom in the living room is right on t...
Hello, My name is Jacob and I am new to the entire real estate business. I have spent the last couple weeks watching videos, listening to podcasts and reading forums about real estate. It seams that many people start ...