Ika Sargeant
Keep LLC or close it.
Does it make sense to have multiple homes under one limited Liability corp. or do you need to have more than one LLC to hold the homes? What are the risks if you just have one LLC hold all the houses? I hold three LL...
Reynard Azada
Refinance a soon to be Rental?
I want to get your guys opinion on how to start this?
Just closed on a primary home today & now am wondering the best way of handling the home I'm in.
Would refinancing be worth it if my interest rate right now ...
Steve S.
Buying an investment property without a realtor / agent?
I think this would essentially be an FSBO.Is there a reason this would be a bad idea? I am working with someone that is an agent but also owns a property they contacted me about selling. I own several rentals, but h...
Randall Re II
Why insurance may not payout
There could be a variety of reasons why an insurance company might not want to pay out on a claim. Here are a few potential explanations:
The policy holder may not have followed the terms of the policy, such as faili...
Jessica Swingle
Buying my seller's note directly from bank...does this happen in the real world?
Hello Note Friends,
I think I know the answer to this one, but thought I would check first so I can provide the owner with the best information possible:
Seller calls me to help him wholesale a renta...
Irma Vazquez
FSBO of Chicago mixed use multi-unit property
Wondering who has had experience. I expect to pay premium attorney closing fees. And I plan to work my network in this FSBO exploratory phase. However, are the transactions easier with no agents or what if the buyer...
Eric Tomlin
Tax question re: sale of fire damaged rental property
Good day experts. I am trying to understand the tax laws and determine my tax liability for a rental property that I have sold in 2018. The uniqueness of this transaction is in the fact that the property suffered a fi...
Anthony Campanello
How can I determine which financing option is best?
Hi Everyone,First post on BiggerPockets so I hope I'm not overstepping with the question.I am trying to compare two financing options for a 4-plex in NJ. The property itself is a vacant 4 unit that, after rehab (~$125...
Anh Vu
Just hiring a property manager
Hi, new landlord here :)I move out of state for 3 years and decide to hire and property manager for my vacant property. He did a good job finding tenant, however, he wants me to sign a revised contract, asking tenant ...
James Landon
Considerations when renting to family for no or low rent
I'm thinking about allowing a relative to stay rent free (or significantly reduced) in one of my rentals. Is there an ideal way to go about this from a tax perspective? I want to make sure that the property continue...