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One attorney told me the best way to insure a teen is to put a car into an LLC and have the teen drive it. Then if something happens they cant go after everything that the parent owns in his or her name.Is it the best...
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One of my tenants is moving out. The tenant stated they broke one of the hanging glass light pendants. It's a total of three.
The tenant is stating they can't find the exact same one and can replace all 3 for $40....
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Hey BP family!
Please advice. I have a lake home to lease. I want to add a clause to the lease agreement to protect me from tenant, pet or their company if an accident occurs due to water.
How would I w...
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Hi my name is Chris I'm 28 living in Eugene. I have one rental I've owned for about a year and is finally profitable. Delt with some crazy rentals and the moratorium made evictions difficult. I now have a home in Spri...
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Hello everyone. My name is Matt Pitzer, and as stated above I'm from Omaha, NE. I found BiggerPockets on accident searching for real estate investing material online. Wow, what a great find.
My investing expe...
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Hey all, I am wondering what the best type policy and best company to use would be for flipping houses? Basically, the intention is for my job foreman partner to increase the amounts of work that he will be doing incl...
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I recently closed on a single-family home that I planned to renovate and rent out. But now I'm considering selling it and rolling into a larger rental property through a 1031 exchange. I want to make sure this qualifi...
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Happened to me yesterday evening. A welder moved into one of my houses from a motel room. About 90 minutes later I get "what r u doing" on my phone from him. I replied "watching Lethal Weapon". He replied "Sorry, ...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment in East Boston.
Purchase price: $565,000
Cash invested: $30,000
Sale price: $665,000
Buy and hold turned fix and flip inv...
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Am I better off purchasing properties under my own name? Or go ahead and do them under an LLC? At what point is it worth the investment both for security purposes and tax purposes