Amber Schenck
Inheritance:Double lot one block from the beach
Hi everyone,
A friend approached me with information regarding a beachfront property his family has inherited and I would like to help him with options. So I am reaching out to the BP community for advice and...
John Paul Whaley
Driving for Dollars: What next?
I’m excited. I’ve just hand written 100 letters to go Driving for Dollars. Now, this would be my first deal, so bear with me on this...If someone responds showing interest in my potential offer, what should my next st...
Isra Fil
LLC rent for duplex
I am
Buying a duplex and I am looking to rent out one side. Can I create an LLC and collect rent as a business?
Trace P.
Source of funds to LLC Bank Account
Hi BP friends,
I have recently set up my single member LLC and opened a LLC bank account. I have questions with regards to funding my LLC Bank account. I have some cash in my personal bank account and some cash from...
Maiddo Esho
New member fro Buffalo, NY
This is Maiddo from Buffalo, Ny. My wife and I am interested in buying and holding rental properties. My wife and I are presenting looking for our first property and hope to close on one or more before the end of the...
David Walker
Should I put my house in an LLC or Trust?
Hi everyone,My house is in the probate process of being transferred to me and a family member. The family member is younger than me so, therefore the financial stuff will fall on me. Trying to look at options to fix u...
Benjamin Amaral
Using Bigger Pockets Lease Agreements vs. Using an Attorney
I'm wondering what people's experience and opinion of using Bigger Pockets' lease agreements is. I'm curious about any state, but my own state is New Hampshire. I have a close friend who is an attorney who urged me to...
Steve Cheslock
Can you wrap Seller Financing?
I am looking at a deal and curious if it is legal to wrap seller financing notes. Theoretical example:
1. I purchase a property using seller financing. Hypothetically $150K with $25K down and seller carries the $12...
MarieChele Porter
Move out questions
Hey BP,I have three tenants on a month to month lease. Two on the lease decided to move out while one has not. I will be asking her to leave the unit as well. Being in California since she has not decided to move on h...
Jacob Wadlington
Taking over a rental, what are more options with lease?
I am purchasing a SFR home in Fort Worth, TX. There is a tenant already in place with a lease to the past owner for the next 8 months. The rent is below market value. Do I have the right to make the tenant sign ...