Hello Bigger Pockets, I am interested in learning about everyones experiences with owning and operating seasonal rental properties in vacation / destination markets. Any and all information is welcomed!
Tommy
I am trying to create an LLC for the 3 properties I own. I spoke with an attorney briefly and he mentioned that as the sole owner of the properties and the LLC, I don’t need an operating agreement or EIN. Is it recomm...
We are looking to buy pur first rental in the few months. We plan to do short term rentals. When looking for the property how much of a margin to you need to be profitable (mortgage vs cash flow). What is your typical...
I have a potential private Investor who will be funding my mobile home flipping business 100% but will be completely passive. In other words he is only providing the funding. My question is: To what degree do i let my...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $317,000
Cash invested: $64,000
Through my LLC, we recently bought a new construction duplex in New Braunfel...
Hello BP Community.2019 is a year of expansion for me now that I have been able to unlock some capital from my portfolio of 31 units. Currently looking at some opportunities that fall into the realm of HUD and USDA. I...
With my municipality's water department giving a huge rebate, I decided that it is time to stop leasing. However, I can hardly find any reviews on reliability of brands.If any of you have experience, good or bad, wit...
Ok I have set up my LLC- I have my Tax ID # and my "Articles of Organization"....is that all that's needed? Is the Article of Organization the bylaws or is that a different form? Sorry if this is a dumb question..Txs
Hi all, I am very interested in these notes. I have been listening to Dave Van Horn and am very keen to get into these and away from the tenants at the moment.My position is that I own properties in the USA and have ...
Just need a little feedback, I’m just starting out and needing to know is an operating agreement necessary or something I could wait to do later? Also, where do I go to get on completed?!