Hello. I just recently discovered the biggerpockets.com podcast and instantly became hooked. My wife and I have a LLC in Louisiana, but we live in San Antonio, Texas. We just purchased 2 four-plexes in Louisiana an...
In recent years my Mom (59) and I (36) have been partnering together to make our first moves into real estate investing. In this arrangement she is essentially a silent investor and I manage the properties. To date th...
Hello all,I am brand new to the idea of rehabbing and flipping homes. One question I have is how important is it to have an LLC?
Looking at buying my first single family rental. Do/should I set up a trust first, or buy the rental first, or set up an LLC then buy the rental, and then assign the trust as a member of the LLC? I'm eager and exited ...
Hello everyone,My name is Mark and I am a life-long Chicagoan. I come from a financial industry background, but am new to real estate investing and would like to start to get more involved in the industry. This post i...
I just rented my place in the Bay Area, CA. but live in texas. I’m trying to determine if I should open a LLC to protect my personal assets or just go with an Umbrella? Since the property is in CA, I assume I would ne...
Hello all! Wanted to throw up a post concerning Environmental Site Assessments. I am a recently retired Army Engineer and licensed professional engineer. Over the course of the last 10 years I've performed dozens of P...
Hi all,
I rent two room to two different tenants in my 3B/3B property. I do not live in the property but I have access to.They have blocked the garbage disposal a couple of times and I had to figure out how to unbl...
Niche market I have had good success withFully furnished, high end condos with 6 month leases
These 6 month leases are usually ok with condo owners association. If not, you can be somewhat creative and use a 12 mon...
I am looking for a way to protect myself against buyers causing me to take my house off the market, and end up wasting my time.What could go wrong if I added this clause to the purchase contract? This says that the bu...