I own 3 buildings each under their own LLC. I did this to limit the loss should any lawsuit arise.
I also manage these buildings myself, and now I am reading that if there is an issue, the tenant could sue th...
I have a rental in a solid C area. A triplex. We've been marketing since mid-december. I've got a good applicant who wants to apply, but she states that neither her or the roommate have a bank account. They're young (...
Ok landlords,Who's been sued. Tell me your story and did a LLC help or not help you? Did a large umbrella policy protect you? I think we've all been going about this from the wrong side whether you need a LLC or n...
Hello, my name is Sarah Junker. I am young and wishing to learn as much as I can as to how to break into the real estate world. To begin, I have chosen to look into how to buy banknotes then find investors to sell the...
Hey BP!Considering my 1st purchase... I ran it through the BP rental calc and it cash flowed $28... I'm hoping I did something wrong!Anyway, what do you think??? Here are the numbers:Property - FHA Owner-occ QuadP...
I'm tring to get financing however everyone is shutting me down. I've called wells fargo, hsbc, citi, ect and I keep getting the same answer. They will not finance a 2 family property to a LLC. They want me to person...
Hey Bigger Pockets Community - I am putting in a cash offer on my third duplex (very exciting) but there is definitely a unique twist. The previous owner rented to an tenant that passed away TWO YEARS ago. The owner n...
Does anyone know the requirements on 1031 exchanges?
What I do know is I must name my property within 45 days of closing and must actually close within 180 days.
What I don't know is must I invest total proceeds? A...