Hi! I am very close to closing out on my first rental property. Besides a few tweaks, home is move-in ready. I want to get a “checklist” of what I need to do next in terms of the legal side and paperwork to get this t...
How do I structure a syndication business legally? Is it an individual LLC for each property (but what if we end up with 100?) or a series LLC (Delaware)? I live in Florida. I’m hearing opposing advice and not sure wh...
Hello BiggerPockets Community,My college roommate and I recently decided to invest in rental properties as a source of supplemental income and hope to grow expand our portfolio over the next 20-30 years.We are looking...
What service do you recommend for doing a soft pull on a potential borrower's credit?
I need something simple that I could utilize today.
Thanks
My tenants are currently delinquent on one month's rent. We have begun eviction proceedings. My question, however, is: Does the tenants' breaking of the lease forfeit the 2 months of security deposit? As in, does the ...
Hello All,We are starting a new LLC for Long Term Rental investment. We have created an rental operating agreement for the partners within the LLC.Do we need to consult with the Lawyer or legal team to finalize the op...
When I see new REO's hit the market, can I word my offer "50,000 cash, or $200 over next highest offer up to $80,000"?
I’m in Dallas, Texas and just started renting my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties. Will it benefit for us to have income comin...
Hi All,
Apologies for the long winded background, but it's needed for my question at the bottom in BOLD.
My wife and I were looking at building a townhome in our area from a large builder, we visited the pre-built...
Looking for guidance. Also seeking legal counsel if someone here can point me in right direction.Recently purchased building with two legal units. I will owner occupy the third unit. Neither tenant has leases however ...