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My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
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Hey Everyone- So I am new landlord and am very close to getting my first tenants in my rental unit. My dilemma is I had two groups send in applications at the same time, pass background & credit check but one gro...
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In the "BiggerPockets Podcast 332: How to Build a Deal-Finding MACHINE With Adam Johnson and Brent Moreno" they talk about getting a list of properties with disconnected water/utilities. This seems like a great way t...
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I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated. If I rent out my current primary residence, I could generate over $1K in positive cash flow, so I'm ...
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So I've been shopping around on insurance. Of course I can't find an apples-to-apples quote.
Company A is offering more replacement cost.
Company B is offering more business liability.
All other "little" coverag...
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I started investing at 26. I bought a new house and did a rent to own wIth the old house. I was hooked. I built a business to 29 units and then got out of it so I could focus on my job. I have ADHD so a job was better...
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I didn’t smoke or vape when I rented from my landlord who has a no smoking policy for his units and property. No problem, I go out to the city owned sidewalk and sit on the curb, off property. I always pick up my butt...
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Hey everyone,I just had a tenants mother call me (1:00AM) concerned about her sons health as they live 9 hours away. Let's shorten the storyline to say he has had several open heart surgeries (although none recently) ...
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Hello all,
I am trying to analyze a deal for a potential "subject to" and wrap mortgage using owner financing and wanted to see if anyone could provide some assistance or recommendations based on the numbers....
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Sorry if this isn't the correct sub to post in.I'm a house flipper, I primarily do fix n flips and recently got an offer from my hard money lender where they want to fund me up 90% of the cost for multi family propert...