Bob S.
Carpet vs water proof laminate in bedroom
Hello. I’m remodeling a house for rental and I’m debating if replace all carpet for hardwood floor, even on rooms and closets. My concern is if it is a good idea to get rid off carpet, will it be appealing for renters...
Chad A Carlsson
Hold or Sell Commercial Property in a Hot Market
Hello Bigger Pockets, this is my first post, and debating whether to hold or sell my office condo suite that I bought back in 2011 after my landlord filed bankruptcy and was left rent free for almost a year until I wa...
Ivy Flowers
How much value does finishing a basement add to a property?
I am working on a flip for a property in an A neighborhood and debating if I should finish the basement. The house is a ranch so the basement is huge, there use to be a kitchen down there as well so all the hook ups a...
Marie Jensen
Pay off "second home" with inheritance
We have a second home where one of our adult children is living. She is unable to pay rent (long story but may never be able). Right now we are paying the mortgage of $1,000 a month at 4.125%, with a $188k balance. I ...
Andrew V.
Step 1: Real Estate License...Good Idea?
Hey Bigger Pockets Family!I am looking to begin my journey as a real estate investor in the New York / tri-state area. My first steps are geared towards learning more about the legalities and loopholes of the realty w...
Andrew Adam
Duplex or 8-plex
Greetings! I currently have one duplex and am saving for the next rental. Long term I am focused on getting passive cashflow. I like multifamily rentals, and am debating between saving the 25% down abo 15-20k for ...
Michael B.
To LLC or Not to LLC. What Gives?
So, as someone new to REI, the whole LLC vs not LLC debate is a bit confusing. I believe I heard @Brandon Turner say on a podcast that he basically did a different LLC for each group or partnership if you will. So, if...
Matt Keller
Realtor LLC tax question
I'm a realtor in California. I recently filed an LLC to save money on self employment taxes by creating an S Corp. The LLC should be done in around 20 days. I have two transactions that have just closed and a third on...
Gina Qing
Property title implications
Hello community friends, I am debating on how to hold the titles to the two properties that are under contract, given some future implication and changing financial situation in our household. There are lot of my own ...
Konstance Chambliss
Landlord Home Inspection
Hi everyone,
I have a rental property in Florida and my tenant's lease agreement ends next month. My property manager has not sent out the lease renewal letter yet. This is my first rental property and I'm debating o...