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My name is Ami and I have made a pretty big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...
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Aloha BP!I'm starting to see how important having an LLC to protect your assets are when building your RE portfolio. I'm looking to BP to recommend any books that could help me with figuring out the differences betwee...
Hello, my name is matthew I am new to bigger pockets. My credit is not so well, but I make a decent amount of income. Is real estate still possible
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Good evening BP community. If one were looking at house hacking a multi family property, at what point should you set up the entities (LLC and a trust) ?The plan is to sell primary residence in order to have the equi...
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Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
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Looking at 2-4 plexes and conversions seem to have a better cash flow then true built 2-4 plexes. What additional problems should I expect in a converted home?
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In a Subject To deal the current owner signs the deed (Title) over to a person/entity who is promising to make the payments based on your current mortgage. After that person/entity receives and the records the deed (...
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Would like to know how others are structuring their rentals?If you have more than 10+ residential properties, how do you structure it? Put them all in one llc? Wouldn’t that be a liability though? Would love to hear f...
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Hello BP!
I wanted to throw this out there to see if anyone could assist me. More than likely I will be partnering on my first multi family deal in the next month or two. What would be the best thing to do? Create a...
Anyone use him to establish a land trust. Porpoise is to not trigger bank calling in mortgage due to change of ownership clause.I would then have my LLC take 100% ownership interest in LAND TRUST.good idea or NOT?