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Is it best to make an LLC for each rental, or single family dwelling I plan to own. Or better to have one LLC for all of my rentals I plan on owning.
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Hi Bigger Pockets,I ran into a problem yesterday with my first investment property that I am trying to purchase and I need some advice.Situation:The underwriter for my conventional loan is denying the loan based on th...
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If anyone is willing to provide some insight on how to execute either of these strategies it would be greatly appreciated. What contracts do I need? 3rd party note servicers? What are all the steps to protect me and t...
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Nothing herein is legal advice.
Effective July 1, 2024, California Civil Code section 1950.5 generally prohibits a landlord from collecting more than one month’s rent as security deposit, whether the rental is furn...
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Hello,
I was thinking about requiring renter's insurance as part of my lease. But now that I am looking over the lease documents and there is this section already in there: "All personal property placed in the leased...
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I am considering renting to a couple wanting to rent because they are in the process of selling their own home. I have already gone through the credit, income, and background check process. The couple has decent (not ...
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I'm currently involved in new construction development. I have done 15 deals in the past year and half, and I currently have 20 new townhomes waiting for build permits. I have been reinvesting my capital back into my ...
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Hi all! I'm a bit confused by my HOA's CCR's, trying to clear up if they allow for me to convert my home into a rental when i move out, looking over the CCR's i see two statements saying different things."Residential ...
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Do I need an LLC before I purchase the property or only once I am ready to start renting on VRBO/Airbnb?
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Hello Everyone,First time posting here. I am from northern Virginia area and planning on buying a townhouse in richmond area for investment purpose. My budget is up to 400k and planning on down paying around 20%. My o...