I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
I've heard of this a lot: If you find a good deal, the buyers will find you. How does that work? If I put a piece of property under contract for a "good wholesale deal" price, do the specifics of the deal somehow g...
Hi BP People! I’m Robert, but my friends call me something I can’t repeat. For many months I've been reading and gathering information about different topics on BP, but this is my very first post.
I curren...
Hello Bigger Pockets Members,
Some of my concerns have been ironed out by reading through this forum but i thought it was time I introduced my self. My name is Clifford and I am 24 years old with zero background in ...
Hi everyone!
I am hoping to get some advice on House-Hacking in the Denver, CO area. I currently live in Los Angeles, CA, and have managed to save up $35,000 in liquid cash for a down payment on a house. With Mort...
First...many thanks to the inspiration provided by Bigger Pockets. This site is terrific! We have really jumped in to investing, purchasing 6 rental properties, 4 SFH and 2 duplexes in the last 6 months....
Hoping I can solicit some knowledge from the experienced community here once again. What I understand from my nascent research is that one should ideally form a legal entity (LLC etc) to buy any investments to protec...
Hi BP! My husband and I own and occupy an SFR in the SF Bay Area. With real estate prices so high around here, we're unwilling to invest in another property until this bubble bursts. Therefore, we're thinking about t...
I know there are a couple of threads on the cost of furnishing a STR and they do appear to vary greatly (size, market, target audience etc.) and I'd still love to hear about cost but some of my other questions for the...
Hi, I just ran into an unusual situation and was wondering what experience others have. I have had multiple commercial loans over the years, and many now require a fresh set of financial statements, rent rolls, etc. ...