Julien Bartolo
Rental Investment Units Purchase - LLC's & Bank Accounts
Good morning everyone, I am a new investor in the state of Maryland and anxious to purchase my first rental property. I have selected a realtor thru Bigger Pockets, I am currently analyzing deals and will soon be pla...
John Oliver
LLC for business & interest deduction + residence?
I have some questions regarding the purchase of a personal residence, potentially via an LLC (state of CA). The following describes the scenario and goals (which are somewhat unique). The names and amounts are fiction...
Jake Hill
LLC for liability protection
I own a rental property and I want to separate that property from my personal assets. Can I form an LLC for a property management company to rent out the property instead of listing my personal name on the lease? I do...
Jennifer Taylor
Legal Structure Questions
Hi everyone, I'm looking for any legal references that can help me answer the following questions and provide guidance as to whether this approach is sound or needs adjustments: -What is the entity structure for manag...
Douglass Belt
Install of fixtures-can tenant take them back?
Good Morning all!
I have a tenant that may be moving out in the next month or so. When she started renting the house, she installed new light fixtures with a ceiling fan in two of the bedrooms. It has been...
Lennie Brown
At the closing table
Hello BP family, especially to all my shipmates around the globe. I am currently stationed at Andrews AFB and close to pulling the trigger on my first multifamily deal. I am looking in the Baltimore area because that ...
Travis Elliott
A thought on increasing income on a property..
So what do you all think about this idea.
I live in a small college town in Montana. I had a thought on how to increase profit on properties. A lot of people rent rooms instead of the whole house in order to increase...
Clayton Hepler
FHA 203K Loan. Help! Pros needed.
I purchased a triplex AS IS with a FHA 203K loan in July with the intention of house hacking it, then disaster hit.My numbers are the following:202,000 Purchase price.107,000 Construction budget (left).340,000 ARVLast...
Adam Jernow
Buying Real Estate in a Tax Sheltered Account (SEP, IRA, 401K)?
Hi,I have some money in my SEP and a potential investment in rental real estate (mixed use, cash flow positive multifamily to be specific). The question is, would there be any benefit to buying the property in my SEP ...
Jacob Carlson
Purchasing a property with rehab done without permits
Hey BiggerPockets! I am in the midst of doing my due diligence on a quad. Here's the situation. There is an off-market quad that I want to house hack. The building was built in 1888. The current owner/seller has com...