I just discovered that if I live in California and I have an LLC (in or out of state) I will be required to pay Franchise Tax in California (annually 800$) for each LLC.My first plan was to create for each property it...
This is my first biggerpockets post but I've been here for more than three years however I have never actually joined. I figured since I've learned so much I should start posting a few of the lessons I've learne...
A friend has a rental property in Marysville, Ohio. Three months remaining on the 12 month contract. She texts the landlord and says " I am no longer able to care for you home and have moved out of the property." She ...
Many military members come to Vegas for several weeks to months at a time for exercises and events. What does this mean? They need a place to stay, if not on base, and that my friends, is paid for by the military.What...
Hello, I am in the process of getting a pre-approval before I start my hunt for my first rental property. My mortgage broker is pushing the idea of a non-QM lender being the one who funds this deal. My broker says I c...
Hello I am trying to do my first every door direct mail campaign. I would like to mail a letter or possibly a post card. Can someone please tell me the service they use for EDDM ?. I tired using USPS but it seems most...
Hi all:
I came across a deal in my area that seemed ideal for a flip. The house in question needs a total rehab, but was priced significantly under comparable homes in the neighborhood. It was listed for around 200k...
These questions will be helpful when your seeking a PM company. 1. How long have you been in business?Call references prior to hiring the company.2. Which property management services do you currently offer?Be sure th...
This is an excerpt from a client report:Many chattel lenders are under the impression that SCRA does not apply to them based on materials published by HUD in which HUD disclaims any authority over the chattel lending ...
I am a project manager (different industry) and would like to use a project plan to schedule out my rehab. Anyone have a Work Breakdown our Plan I can leverage?