Hello everyone! I am new to Bigger Pockets, and just starting to dig around and get to know the lay of the land here. I've read through the Ultimate Beginner's Guide and look forward to lots more reading to come. Figu...

I own a two-family home where I live on the second floor and rent out the 1st floor. For tax purposes I made my principal residence 50% and rental investment 50%. I have been depreciating half of the homes cost basis ...

I'm going to be investing in small commercial properties and I intend to put each in its own LLC for legal protection.- Is it wise to have a umbrella company that owns all these LLCs or should they all be separate?- I...

It has come to my attention that a LLC is some what hollow until your business is considered commercial. Here is what I mean by hollow. Your LLC has no true assets or liabilities until your property is five units or g...

Here is the scenario. My lender for a triplex that I acquired February 2013 contacted me and asked if I would be willing to refinance my current mortgage to the exact same terms and they will cover all the costs o...

In the past, you could buy a property with cash in an LLC, rehab it, and then just before cash-out refinancing, transfer it back to your personal name to conform to Fannie/Freddie guidelines and get a traditional loan...

Hi everyone, This is not easy for me I understand computers just I'm very spiritual and i prefer to meet other people in person. Online you really can't feel a persons energy signature (positive, negative,etc). Anyway...

We have a 3-family in Swampscott, Massachusetts that also has a large basement. So this is potentially a four family house.But we are only zoned for 2-family. Floors 1 and 2 are currently occupied by the tenants an...

Hi all, This one is for the flippers out there. Buying a property that needs 4-6 months of rehab, with a mortgage or hard money loan that requires monthly payments, how would you make the payments on the loan while th...

After 15 years in business I thought I had the answers to just about any tenant situation. Well, I have a new situation that has been brought to my attention. I assume a few of you will be running into this as well. I...