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Hey Everyone!BiggerPockets has been invaluable to my success as a real estate investor, so I just wanted to share what's possible with real estate if you set goals and follow through with your plan.A Little BackstoryI...
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Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
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I know this is a controversial subject, however, this has been my experience in USA.I am a foreign investor that has been playing in US since 2011 in 2 different markets and its clear to me that property management se...
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My tenants just called asking if they could meet with me regarding payment of their rent. They have been in the property for three months and twice their checks bounced. The husband has recently had some serious medi...
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I’m getting ready to buy my first rental property within the next 2-3 months . I have 13k saved up and I intend to use an FHA loan.The multi family properties in my area are about 300,000+ for a 2/1 duplex . I found ...
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More and more tenants and tenant applicants are quick to perk up and claim "I have a pitbull, it's an emotional support animal" as if they have found some fool proof loophole. Some applicants have as many as 3 pitbull...
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Anyone have a positive experience with NWA in Houston? I have been on their mailing list for a few weeks now and run well over two dozen comps on their listings and have found that the comps are SO far off as to be al...
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Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...
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I bought my first investment property the old-fashioned way - with a deal found on the MLS with the help of a real estate broker. We hear stories all the time, however, of users that find their deals far more creative...
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I'm encountering a situation right now, which I will attempt to generalize in this post. Looking to discuss the pros and cons, to ensure I am not overlooking anything on the financing side and understand the risks/be...