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My husband and I closed on our first two properties a few weeks ago. We need to set up some sort of protection. We were thinking about putting them into an LLC, but with my reading there seems to be drawbacks to tha...
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Hi All,I have been in the rental industry for quite awhile, I manage a large multi-million dollar luxury asset. I want to own one eventually. I've done everything imaginable in multi family rentals and want to stop wo...
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Hello Biggerpockets family I am closing on a property in Jacksonville later this month.I have a question regarding the Heating / Cooling of the house.This property was built in 1942 and this property does not currentl...
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How do you add a property to an LLC without having the consequence of the due-on-sale clause? Is it only possible to add a property to your LLC if you’ve paid off the loan?
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How much rent is ideal rent to property value ratio for both Multi and Single Value
Thanks
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Hi guys -Just working on my first three fix and flips right now. All three are looking good :)I used a hard money lender on one project and found them very easy to work with. However, I've also heard that portfolio le...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,250,000
While attending a church function I met a man that had some multifamily units. He mentioned that he a...
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Can you share what apps do you recommend / their fees for the following please? don't have to have all the functions just wanted to know what will be recommended. thank you 1. rent collections; 2. late fee handling;...
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Greetings: As I here businesses may be steering away from Quick books I wanted to get some opinions on Landlord/Accounting Software that you all use.Thank you,Marcus
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So I have set up an IRA for RE Investing.
I now have the opportunity to buy a duplex. It will be under market value, need about 20k in repairs, and will be cash positive
What is the best way to structure this?
I...