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Whats the best way to structure your LLC as a business. I'm starting my own in Chattanooga, TN. I'm looking to do both fix/flip as well as rental properties. Do I need to structure as an Individual LLC or a corporatio...
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Hi Biggerpockets experts! I need some savvy wisdom on either helping me salvage this deal OR if not to help me negotiate terms with the sellerI believe there's many lessons to be learned for myself, now I'm trying to ...
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Buying a fourplex and closing in 2 weeks. My questions how much rent coverage should my policy have? 100% of rent income? 50% rent income?On another note how much liability do you recommend? 300,000? 1 million? Proper...
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Hello my name is Dwann and I was advised to join this forum for success and guidance. I have two deals I need assistance with.
1. The owner inherited his mothers property along with his two sisters. There are no mort...
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Hey folks. I am renovating a residential and I am taking down walls. I have the plans done but the city is telling me I need an engineer stamp. Any recommendations on a local engineer that will not overcharge. Just ne...
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This is probably a bonehead question but I've been talking to some spec home builders and they are paying taxes on all profit from a spec home at personal capital gains tax rate. A heavy hit on a big project. I'm just...
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Good afternoon everyone - Inspected a house that I'm putting in an offer on, and inspectors main worry was a large floor-to-ceiling crack in basement wall. The inspector mentioned to 'monitor it and if it gets any lar...
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Austin STR Type 1 license for owner occupied with attached ADU; the ADU is not allowed to be owned by a company.
How do Austin hosts legally get a STR license for attached ADU and pay their taxes? Do they not have ...
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I along with several friends want to pool our monies together to buy 1-3 duplexes. The other two parties will only be investors, while I'm the active party finding the property, overseeing any renovations needed, hir...
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My partner and I plan to buy a home (single family or duplex) and house hack. We are not comfortable with sharing rooms with the tenant, so a separate entrance such as an ADU would be ideal. We are considering purchas...