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I have several rental properties that are in an LLC. It is my understanding that the purpose of the LLC is to protect the owner from liability issues and that in order to do that each property should be in it's own LL...
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Selling a property and buying another. Going 1031 exchange route. Can't seem to find out about putting money into each house. If I make improvements to the one I'm selling ($5000k in wood floor refinishing and some ca...
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Question? Would it be beneficial or possible to execute the following:Have an investment property with lots of equity. Say I own this property (other than my primary) which I owe $50k on the mortgage, and this propert...
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My son has already decided that he wants no tobacco smoking in his rental[e-cigs are fine] Colorado has legal cannabis. Would it be alright to ask tenants to either smoke recreationally only in the back yard unless t...
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Ive been doing some research on Fannie Mae properties, as a potential first purchase. Wondering if anyone can speak on their experience with these properties. I would be using it as my primary residence.
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I recently went through an expensive eviction with 'tenants' that never paid a security deposit on a month to month rental from October 2021 to July 2022. I had a property manager who took a bad check and never even i...
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Hello Team!Like many of you, I work a full time gig for another firm. I usually put in 55-60 hours for my day job. Needless to say, I need to be smart with my time, and not get distracted with interruptions or shiny o...
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Hello Bigger Pockets Family,Recently I went to Jeff Brown's Investment seminar in San Diego. Rarely do I ever feel compelled to reach out and share my experiences, but this is definitely one of them. Jeff is the rea...
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Hi All,I have been following along with the BiggerPockets podcast over the past two years. I recently graduated, finally have some income, and have been saving up for a downpayment. I have toured a couple of homes tha...
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Let's say I own $1M in real estate, 100% equity (I don't, but round numbers are easier). I want to either HELOC or cash-out finance in order to purchase more rental property. Can you just read my line of thinking ...