Hello all, I'm needing some advice on LLC Setup (or not) for a STR business. Here is my situation:- I'm a W2 employee that earns north of $500k a year- My wife is a stay-at-home-spouse- I'm looking to buy ~ $...
Despite the ongoing decrease in mortgage rates, the real estate market is facing a persistent challenge as housing sales struggle to bounce back. Notably, the average home price has also seen a decline, with hom...
Greetings all,
I just closed on a triplex. My first multi-family unit. The previous owner has never raised the rents once each of the tenants moved in. The rents are low right now but the landlord agreed to suppleme...
I've had a single family home that I've rented for approx 4 years. First renter was a section 8. She was in for a few years and everything was going nicely until she becomes responsible for part of the rent, about a...
Hello! My name is Jennifer Heeter I am 38, a single mom and a newbie to Biggerpockets-- this is also my first post. I'm from North Central Iowa and I just bought my first house EVER back in August. I live in the hous...
Mom bought a 3/2 home (California) with a detached one bed, one bathroom unit, that we believed to be permitted as such, as the MLS listing "description" described as "The guest house is a 1/1 and includes it's own in...
My mom and I found a great single family home as a rental investment. Before putting in the offer, does anything need to be set in stone as far as legal entities or agreements are concerned. We both will be on the mor...
Happy Labor Day!I'm purchasing my first self storage. It's a small lot with a 1/1 SFR for the manager (ie. that's me until I learn the ropes), around 25 units, and a couple spots for parking. It's a great value add be...
Hello. Does anyone know of any great property management companies in Huntington, West Virginia? Thanks!
The market is frothy and cap rates have compressed. I am looking at the prices that large multifamily owners are paying and it makes me scratch my head a little bit. Buying at a five or six cap without much room for a...