I am asking the basic question of "LLC or S-Corp for Rental Property?" but with a twist....I am working to acquire my first rental property in Rockford, IL and was planning to set up an LLC to hold the properties... A...
I’m thinking about purchasing a vacation rental in the great Smokey Mountains. I wanted to chat with some people who has some experience with these, or maybe someone possibly has some for sale.
Hi All,
New to BiggerPockets and hope to to learn a lot from the community. I am currently in the bay area with a couple LTR here but am looking to venture out of state where there are better cap rates, appreciation...
Hi,So, I read the Ultimate Beginner's Guide, and I'm reading blog posts and listening to podcasts, and making a list of books to buy, and all of it is overwhelming me to a fairly large degree.Everyone talks about Anal...
After looking in San Francisco, the East Bay, South of San Francisco, and the North Bay, I decided to invest in the North Bay because the housing prices were still reasonable. Perhaps this is slipping away as well: I...
Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Hello BP,
Just finished reading David Greene's Long Distance Real Estate investing book, which got me motivated. I am based out of Connecticut and looking for out of state, buy and hold properties. I have looked...
Hi all,My name is William and I currently live/work in Brooklyn, NY. I moved to NYC about 4 years ago, and have been renting so far, but realized financials are much better on the owner-operator side. My goal for my f...
My main REI niche is newly-undervalued raw rural acreage in Snohomish county, WA, near Seattle. My general investing strategy is to "clip off" the land's surplus transferable development rights for later sale to urban...