Is flipping illegal? Flipping in the form of buying a property and then reselling in the same condition you purchased for a profit. In one city I invest in it looks like it is illegal. Was wondering how this could be...
Hello, We are a LLC and have just secured 1 x 7plex and 1 x Duplex property recently and I have another 4 in the pipeline and we intend to manage them ourselves for now, the issue is in Michigan to Manage properties ...
I'm renting an apartment in an area where bad credit applications are typical. Got an applicant who presents professionally and has a good income. Was strongly considering the app, but did a complete background check ...
Good evening BiggerPockets family, My partner and I have spent the last month or so building a team out of state (Missouri). One part of our team we have not lined up yet is a general contractor. I was wondering if an...
This is my first investment house. I am closing a new house in 2 weeks. When I want to rent out this house, I am thinking of leasing it to an LLC which will have both me and my wife as members and that LLC will be lea...
Is there a way to sell through a 1031 Exchange but then put the proceeds directly into a bunch of capital improvements at an already-owned like-kind property? This way you do not necessarily need to identify a new pro...
My family owns a 3-unit brownstone that has a boiler that is at least 60 years old. On a weekly basis, the first floor tenant checks the water sight to ensure there is enough water in the system and also flushes the s...
I recently started learning about the VASH program -- a program to provide homes and other support services to chronically homeless veterans a full service program. These Vets don't have rental history, credit histor...
My dad owns 5 rental properties free and clear.
He is looking to get cash out of them in order to purchase more properties.
Main problem is: he did not earn income with w-2 for 2012, sort of an aberration, which is a ...
We bought our first SF rental property this past fall just outside Denver. We went through all the initial inspections, made some larger replacements like a new electrical box and furnace and were lucky enough to find...