![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1031989/small_1726088430-avatar-patrickh139.jpg?twic=v1/output=image&v=2)
Hello and thank you for the comments and suggestions in advance. Given the ideal situation when owning a rental property (for this example residential 1-4 units) is to hold that property in it's own LLC for liability...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/679709/small_1695406987-avatar-andrewb192.jpg?twic=v1/output=image&v=2)
Hello everyone.I am a new investor and have not done my first deal yet. I'm in the middle of reading the recommended books and going through "literally" all of the bigger pocket podcasts.I understand the 1% guideline,...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1014466/small_1621507523-avatar-oliverj15.jpg?twic=v1/output=image&v=2)
Howdy all!I am very new but wanted to put this out there for anyone interested in contributing their 2 cents! My goal is to have a solid checklist complete and then close on my first property within the next 6-8 month...
Hi Everyone! I currently assist clients who provide business professionals and corporate employees with short-term rental accommodations via the rental arbitrage model. I have been quite successful, but the job keeps ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/940006/small_1621505913-avatar-darianrn.jpg?twic=v1/output=image&v=2)
Hey guys! I was accepted into grad school at Michigan State and will be moving there in March 2021. I've read a lot of good things about East Lansing and Okemos but am open to anything in the Lansing area. Any advice ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/356972/small_1695767600-avatar-randyd8.jpg?twic=v1/output=image&v=2)
I am looking at a 2 family that is close to me and is in a good area. I want to BRRRR this property. It needs a lot of work. The home has been vacant for 10 years, and has no heat. The was built around 1900. Str...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/157516/small_1621420068-avatar-lakeishab.jpg?twic=v1/output=image&v=2)
I am new real estate investor. I sold my first rental property and looking for a new deal. I am finding some good deals for 2/1 and 2/2 which is closer to my initial investment price point. The question I would lik...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/240457/small_1621435511-avatar-carloso.jpg?twic=v1/output=image&v=2)
Hi everyone,I just have this thought in my head and I would like to get some feedback from others on the idea since I am a beginner. In my search for properties I am seeing a pattern of diminishing returns on rents as...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2605876/small_1694585392-avatar-felixp25.jpg?twic=v1/output=image&v=2)
A little background first: wife and I have good jobs as professionals; live in the Los Angeles area; I have a CA real estate broker's license; Wife is w-2; I am self-employed; had a couple condos years ago, but did no...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2612848/small_1670006175-avatar-deannal34.jpg?twic=v1/output=image&v=2)
Hello everyone. I need to reduce my mortgage costs! It's my largest monthly cost. I don't have any other costs I can reduce. I am looking into converting or building a new mini ADU from where my current detached 1...