Ryan Cavanaugh
Looking for some feedback about next steps....
Hey BiggerPockets hive mind, my name is Ryan and my wife and I just purchased our first investment property. It is a 4-unit in Columbus we purchased for 350k, 30yr term, 2.25%interest, cash flows a grand. One unit had...
Jeff L.
Frustration and analysis paralysis
Hi all.
I have 4 single-family rentals out of state (two different states). Currently, all 4 properties are in my name.
I know - I should form an LLC. I have been pondering this for what seems like forever.
Not b...
Srinivas Murthy
Legal validity of rental agreement without signature
I have signed an agreement with a Property management firm to rent my home out. I signed an agreement with them on general terms, but haven't signed a document that specifies rent and lease terms. Now the management c...
Michael Hajduk
121 Capital Gains Exclusion
Hi, I was wondering if anyone out there has experienced this scenario before. I physically resided in my primary residence for 22 months, then was sent out of state for a year-long training course. I fully expected to...
Vince DeCrow
3 Ways We Have Achieved High Returns
Large private equity real estate firms often invest in trophy buildings, from the Willis Tower to the Cosmopolitan Hotel in Las Vegas. The commercial real estate investments that are often more lucrative than owning t...
Saran Mandhadapu
How to setup parent and subsidiary business bank accounts?
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
Bharat Medasani
Newbie in Berkeley CA
I am Bharat Medasani and I work as a researcher in physics. I am new to real estate investing and I am mainly interested in rental investments. I wish to learn more about rental investments and network with like min...
Stephanie R.
What bank to use for security deposit for NJ property?
First time landlord and I finally rented out my NJ property! Per NJ law this must be an interest bearing account located in NJ but I am not physically in NJ to open the account as I already moved to Florida. Can any...
Jeffrey Kops
Fewer Single-Family Investors Need to Actually Visit
OK BP Nation, Ran across this article this morning and would be very interested in your views:https://www.floridarealtors.org/news-media/news-articles/2020/02/fewer-single-family-investors-need-actually-visit
Joshua Ackerman
Virtual wholeselling out of state
When virtually wholeselling using a double close do the both parties need to be physically at the closing? So in the case of closing I would need to find an attorney or title company nearest to the property?
Also won...