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I reached out to our finance guy and asked about 2nd home requirements. He said, "You can rent the home out but it must be less than 50% of the year." My question is, how does a lender know if I were to rent it for m...
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I’m in contract on a 7-plex for well under listing. It’s a C class property - which I’m familiar with and have operated. On paper this is a win of a purchase for me. I can provide a fast purchase and close (buying in ...
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Hi! My husband and I are preparing to establish an LLC for our buy-and-hold rental properties. Does anyone know how Virginia taxes LLCs comprised of a husband and wife? (e.g. sole proprietorship, partnership). Thanks ...
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How do I run comps on a property that has no comparables in the area?
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I hope this is the correct forum.I am trying to get the paperwork in order so that when i find a deal that i elect not to use (or cant use) conventional financing and an agent on, i can use the cash from an associate ...
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Hi BP,
I'm working at developing a marketing profile for a wholesaling business in the Tulsa, Oklahoma area. (keyword rich. =D)
Is it absolutely necessary to have your LLC created prior to doing deals? Is it even s...
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Has anyone used them to order HVAC systems? How much labor did it cost to get one installed?
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Hello all. I have a question and a real life scenario to present which I am currently going through and I'd like your advice and suggestions. I have done a lot of research and reading but I would really appreciate som...
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Hey BP!
Well I'm looking to do the real estate course to get my license and I wanted to know what schools do you guys recommend here in Miami, FL? I've been looking to do it with Gold Coast but I'm not sure. ...
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Hello BiggerPockets!
My name is Frank, I am 25 years old and from Southern New Jersey where I have lived almost my entire life.
I currently have a job installing GPS security devices on commercial vehic...