Scenario: I live in California and am looking at apartments out of state. The purchase would be made with a LLC. The question is do I need to create a LLC in the state the apartments are located or can I use a LLC cre...
I'm starting to work with property managers and I'm wondering what is normal for fees?
I'm considering purchasing a home that has a full unit upstairs and a full unit downstairs in a walkout basement. They both have their own entrance, kitchen, and laundry. The numbers look good for, me for the purchase...
I am an aspiring Short Term Real Estate Investor and am looking for some information related to buying and managing Short Term Renal properties. Is there any information on BP and/or STR calculators that I can use dur...
Had my first fire, looks like it will likely be a total loss. Just curious of any advice from those who have been through it. Also any thoughts on rebuild vs sale of the lot. Thank you so much!
Wall and ceiling plaster work...Is it normal? Hired a contractor (with a lots of good reviews via the "thumbtack" ). Paying
him on daily basis: $400 (labor only)
He's spent one week for ..one room (cleaned old ...
Hello Everyone, need some advice in regards to an issue with my property taxes. I purchased my first house back in May of 2019. The property taxes at the time were under 2K a year. A couple months ago our house was as...
I will try to summarize my situation. I sold a property last week and hired the necessary firm to put it into a 1031 exchange. I have a cap gain of about 400k. I have identified a property to purchased that would c...
Hello everyone, i just signed up to Bigger Pockets tonight after about reviewing the sites content for about a month. Best site I have come across to date. With this said, I am fairly new to RE investing, I boug...
Good morning,
I'm just about to convert a property from a primary to a rental and i had a few questions regarding deprecation.
I purchased the home in 2019 for 295K, and it is now worth $450K. I plan to do a quit c...