I am fairly new to Biggerpockets but I have been reading books, listening to webinars, podcasts, and following the forums. I just cant really grasp the idea of the 2% rule and why its even called a rule. I understand ...
I am new to the investment side but have been rehabing for ten years. I have my money tied up in a purchase that I have been in too long due to my appendix and needed time to recover when it ruptured.Now back and full...
A legacy low income tenant who was in the building when I bought it 9 years ago is in the hospital. It makes me think about what to do about his horror show live in girlfriend if he died. She's simply, and clinically,...
Hey everyone, my name is Fatima Champagne and I'm new BiggerPockets as well as the real estate investing scene. My current goal is to obtain a duplex in the Philadelphia or surrounding area, with me living on one side...
At what point is an LLC necessary? I read that the LLC requires a lot more attention to detail in order for it to protect any property. If I own two properties, would it be helpful to have an LLC or is it better to ...
I've heard of many reasons to decline funding a mortgage over the years but this one is a new one to me.From a HARD MONEY LENDER not a bank. You'll recognize the name when I post it (not now) as they advertise here o...
Sold as a 2bedroom 2bath with a small bonus area upstairs in the shagbark community. While it is a 2 bedroom , it actually has another room attached to the second bedroom - which has a double bed. It has a view of th...
Good afternoon BP family-This is my first post out here as I have run into a snag. I am currently in the process of refinancing two duplexes and my current portfolio is holding me back due to structure. I purchased ...
Some experience / guidance needed! We hope to buy our first property this year out of state (looking at a couple different states). Should we wait until we get a property to get an LLC because we don’t know where yet...
Hi. We live in CA and want to buy a property out of state. Potential seller (experienced real estate investor) recommended we create an LLC and buy the property. I am not sure I understand all the tax / fees associat...