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I'm wanting to start an LLC. The name I picked out has the word realty in it. I am not a licensed realtor. People are telling me I would get in trouble with the state real estate commission if I use the word realty or...
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Good morning.We own a SFR property in the the very sought after Arlington, VA area, that we are currently renting with a $900 monthly cash flow, after CapEx holdback, P&I, T&I. We are self-managing with no iss...
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Greetings my good friends at Bigger Pockets! My wife and I are looking to acquire our very first rental property. (WooHoo!) However, we need some ideas on how to get financed.
The scenario... We have no money to put d...
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I was offered a 4.5 variable rate, closing cost of around $300. The way it is amortized is a little different. If it's under 5k it's amoritized 5 years. 5 to 10k 10 years, and over 15k, 15 years. This seems like a pre...
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Hey guys,Well, I am still awake because of this dang flip I'm trying to wrap up. I can't sleep. I am cutting this super close. I could explain what I think went wrong, how I came to do this deal, etc. But that is not ...
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Hello, everyone.
I've been following the forums, listening/watching the podcasts, and reading up when I can. This is my very first post and I am very new to real estate investment.
I live in Atlanta, particularly in...
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Hi Biggerpockets world!I am a realtor looking to purchase my first duplex. Property has two units that can be rented out for 1800-2200/month. There is also a garage that was converted to 3 units with tenants paying $4...
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Hi all, we won an offer on a 335K townhome in Houston close to the heights area (Airline Drive so not exactly heights but nearby). It has been my goal to purchase for a long time and I am of the camp that I’d rather p...
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Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it. Doing some reading and it suggests creating a promissory note set up properly so I c...
I finally have an issue......So tenant X in my duplex notifies me today that he needs to move out of state to follow his company that is relocating; his lease is through April 2017. X has paid rent consistently since ...