Hello All,I have a one-bedroom vacation rental condo in Palm Springs that has been listed on AirBnB for about a year now. I have my first stressful problem: a vacation renter with a 44 day reservation who will NOT lea...
Hello Biggerpockets community,
I am setting up a single member (my husband and i) llc for myself, llc will only be used for managing one long term rentals property. Do you recommend I use myself as a registered agent...
This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
This is going to be long, but certainly worth reading if you are considering any of these companies. Reading this may very well save you significant aggravation and money. I was hesitant to put in the time to document...
My wife and I are both self employed so on paper we don't show enough income for a loan for a property. This would be my first property. I was looking into a turnkey rental. Ideas? Keep in mind I'm new here and so ...
First post!
I really hope I haven't missed a discussion on this, I've tried doing a search on it here, and it mostly leads to discussions about how inaccurate Zillow is. :) Be that as it may, I am interested in usi...
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
The SFR median in May'20 was 315k, all time high was 315k in Jun'06. Now, with coronavirus, unemployment, forbearance, evictions to begin, strip partially opened, $600 Fed unemployment to end, etc. Is it a good time t...
Although I'm not a big fan of using the Capitalization (Cap) Rate to analyze a property, it is a number used by many investors as a quick one-dimensional metric. It is also one that is more commonly used in the comme...
I'm in los angeles california and i found out today one of my military tenant has 2 guns with him.... this is very scary for me... i still have 2 rooms to rent.. for the new people coming in can i put a clause in ther...