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Based on what I read, I believe that if I am selling an investment property for $1M, I need to by another investment property(1 or more ) totaling value $1M. Talking to a CPA, she says that you only need to buy next p...
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I was recently contacted by a small moving company who wants space to park their trucks. I'm not sure where to start and I havent been able to find much information online. The vacant land im leasing is 1/2 acre, no r...
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I have a six unit rental property which I own outright. I'd estimate the value of the property at around $250k. I'd like to open a HELOC for future investments, but my main bank doesn't allow you to use rental propert...
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I got myself into trouble by verbally agreeing to a tenant's question during a signing over a year ago:These A+ tenants said, "We're interested in getting a dog at some point. If that's ok, we can sign a two year leas...
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Hello Biggerpockets,I am looking to buy a single family home in the Fairfield, Ca area, and I plan on renting out a room. I am using my VA loan for the purchase. I want to make sure that I am well versed in the tenent...
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I hope everyone is doing ok in Hawaii at the moment with Cvoid. My nephew visited Hawaii last year with his girlfriend and loved it. They decided to move to Oahu in September. I am looking for the BP community for som...
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Wells fargo froze my accounts because i mentioned to a branch employee that i did not recognize a small ( $7 ) charge . I later found out that the fraud dept. froze all my W.F. accounts not just the one with the suspi...
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If anyone else has experienced this while trying to refinance, please let me know. With perfect credit, 6 figure cash reserves, and a 6 figure self employed income that wasn't affected by Covid, we were just denied re...
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Hey everyone,
As we approach the end of 2020 (finally) in a hot seller's market, I want to see what everyone thinks is in store for 2021? I work as an agent/investor in San Diego and we are projecting interest rates...
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I currently need to setup an LLC to be eligible for various private lending programs. That being the case, I had a few questions regarding an LLC formation for REI.Where should I form the LLC? My property is in PA (I...