Newbie here and here's the 411 on this deal. My cousin rents a house in Albuquerque that I stay at whenever I'm in town. He finishes law school in May at which time his lease ends (unfortunately he's not gonna be a re...

Hello BP, I was wondering how many VA loan can get or have?

Hello everyone! I wanted to reintroduce myself to the BiggerPockets community. I made a few posts back in 2014-2015 but have not been very active until now. Over the last couple of years, I quit my job, moved to a dif...

How do you think operations should change for apartment buildings in this Coronavirus times?
More frequent cleaning of common spaces? 
Notices about washing hands, or detecting if you might be infected?What are you ...

It's getting harder to buy a home in Canada, which is great for investors! Canada Mortgage and Housing Corporation (CMHC) insures mortgages with less than a 20% downpayment, and they are tightening up the qualifying ...

Hi!  I haven't managed to find anything on this so maybe it's not so cut and dry.  I've had a rental in California for about 10 years, managed by the same property manager, and now I'm ready to sell.  The tenant moved...

I wanted to share some details and timeline from a recent project we did - hope this will be of benefit to some readers. Aug 2019: Purchased distressed 20 units in Cincinnati, OH for $450,000 all cashProperty is 70% o...

Situation - We own condo (we paid 50k cash 2 years ago and have rented)

MIL is moving into the condo.
Mother in Law has about 60k in cash from sale of her house and 30k 401k, and she gets 2k per month SS.
...

is it necessary for an LLC,when it comes to purchasing multiple units?

I flip homes and I get paid from either at closing as consultant on the HUD or 1099 from my partner after closing. I currently want to show the highest income possible (future borrowing purposes) but pay as little tax...