Hi,I just started reading some books on real estate investing and wondering about the pros and cons of having a LLC for rental/investment property. Is it recommended to have a LLC and who can help creating a LLC (tax ...
Hello everyone,
I am pretty much brand new to this. I have been listening to BP podcasts for a couple months now, and it has really opened my eyes. I live in the Buffalo NY area, and want to land my first SF or small...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $99,000
Cash invested: $10,000
BRRRR. 2/1 into 4/2. Refi'd out at 99k with only 10k left in the deal.
Wha...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Putnam.
Purchase price: $467,500
This is a little delayed posting as this project is coming close to complete, but I bo...
I'm in the processing of buying a rental property. I'm thinking I want to set up an LLC, but the law firm we're using is very busy, and it will probably take a couple weeks for them to set it up. Originally I was pla...
I'm in the process of looking to purchase another multi-family property. I currently have a 2-unit property with long terms renters. I invested $70,000 into the house and I make about $500/month after all expenses.I'm...
I have a townhouse I’m living in I got for 180k. The rate is 2.75. I have like 25k of it paid off. My wife and I want to move out and keep it as a rental. How can I get it changed to an llc for liability purposes? Cit...
Hello all,
I've launched a new real estate investment company that will be Wholesaling and Acquiring properties using creative finance and other strategies. But I'm curious, any suggestions and guidance around launc...
Hi Bigger Pockets family I am wondering how buying an investment property under my llc would work ? the LLC is new and I haven't established business credit would I have to PG for the property or could I put it under ...
Good Morning!I have purchased single-family homes for LTR. Now I'm looking into multi-family. I am concerned about the cash flow regarding how much is a good net profit. I have heard 100 to 300 monthly for single-fam...