Hello. I just recently discovered the biggerpockets.com podcast and instantly became hooked. My wife and I have a LLC in Louisiana, but we live in San Antonio, Texas. We just purchased 2 four-plexes in Louisiana an...
I'll be doing my first bidding soon but I want to under stand this fully so I know what I'm looking. Let's say I'm looking at the sheriff sale listings and I see something I'm interested in.Ex.Full Notice2. Encore Pro...
In looking at a bank owned REOs, courthouse steps or online auctions like auction.com, HUD, etc, or just wanting to understand basic REI principles, please provide some insight and correct me if I am wrong so far.
1...
Any advice on how to advertise RE deals without raising red flags with SEC regulators?
Hello all, I have a house overlooking a lake in South Dakota. This is my primary residence & the mortgage is held personally on a 30 year note. I file for "owner occupied" status and have the mortgage interest ful...
Hello friends,
I am preparing a duplex and hope to get tenants signed in a bout a month. The kitchen appliances left over are bad and are being removed. In the past I have NOT included appliances with the lease. Th...
I am transitioning between tenants and was wondering how other landlords handle getting the rental clean for the new renters.
Do you bring in a cleaner or do it yourself?
When do you clean it? Is it the last day of...
Hello all,Is it permissible to form an LLC is one state, but then use that entity to hold RE in another state?The reason I ask is I have some LLCs in my home state that currently do not hold any assets, but I am looki...
I'm going to post a few generalizations about advertising your rental property. I've found these to be true in Denver, at least:
1. Craigslist is really the only game in town.
2. Craigslist sucks for search and requ...
I just wanted to share an offer I had from a seller. The total sales price is $22,000 which is a fair deal for this small town in northeast Texas. Down payment is $2,200 with payments of $348.45 for 10 years. I ass...