Bienes Raices
"Manager Managed" LLC, and the Operating Agreement
I formed my LLC a few months ago using a service, and received the Articles and Operating Agreement by mail from them.
The service advised me to make the LLC "Manager Managed" (with myself as the...
Alex Goodwin
Hire a property manager or not?
Hello,My partners and I are having a disagreement about if we should hire a property management firm for our portfolio. We have a goal in mind of a hundred units or so. My thought process that while hiring a manager...
Nick Halula
Seeking Advice on Profit Margins
Hey all, my brother and I hoping to purchase a property soon in Baltimore, MD soon but I was hoping to get some advice before hand. The current property I am serious about is a turn key 4 bed/2 bath duplex in a C neig...
Jeffrey Scholz
Is it always wrong to buy a newer house at retail?
Hello Bigger Pockets, First Post! Thanks for such a wonderful resource!Question: Is buying a house at retail really that undesirable?I’m speaking in the context of buying a house for long term rental income, not flipp...
Amie D.
Do you consider applicant's self-employment income if business is new?
A young married couple wants to rent a single family home I own in a low- to middle- income neighborhood. They check decently (good references from present/past landlord, no criminal history/bad debts/delinquent accou...
Alexaundra McCormick
If you get put on a realtors email list for properties under $25,000 can you get the bank to really sell them for around$5,000?
I recently finished watching larry goins video on how to get houses for $5,000. Never heard of this strategy but pretty much hes saying you can get on a realtors email list for the properties they have under $25,00...
Johanna Athas
Contracting company threatening to place lien after shoddy work
Hi everyone,I hope I'm posting this in the correct forum. I really have no idea which category this would fall under, but this seemed like the most appropriate one. Here is our situation that I could really use a bi...
Eric Jones
How to Calculate Payoff and Arrears on Non-Performing Note
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
Michael Peralta
I found a property without an Agent
Hi -Is it possible to draw up a offer letter without an agent? I think I found a solid home I want to capitalize on.I did all the work myself so I feel guilty in giving someone a cut if I went through the trouble of d...
Staton Jobe
Guesty For Hosts Frustrations
Listed our first STR property last month and started using Guesty for Hosts as my management software to consolidate across platforms. Everything was fine when just using Airbnb (though you could argue against needing...