I'm a newbie. Became an accidental landlord and trying to get everything figured out to avoid any mistakes. I have a lot of questions and look forward to others' opinions.
The house is ready, and I'm in the p...
Hi
I am about to purchase a home cash that will take me about 3 weeks to renovate. I am sure I will have a contract within the first two weeks of listing it. I am worried about the old 90 day rule that alot of...
Hi, I am selling a property and willing to hold mortgage. The buyer is an LLC. Are there any potential pitfalls to selling to an LLC? Anything I should be aware of before doing the contract? Thank you!
Hi BP!I currently have a house rented with 2 tenants, jointly on the lease. It ends June 24th and Tenant A wants to stay and renew and has a new person he would like to put on the lease in place of Tenant B. Normally ...
I own a 2 family home in Jersey City, NJ. I occupy one unit and rent the other to a section 8 tenant. The tenant has been habitually late with rent payments, very noisy, and now there is water damage to the bathroom f...
do any of you folks here pay your travel expenses to visit properties (that you already own or are considering buying) through your self-directed IRA?or is this a prohibited (or risky) transaction?alohasteve
For those of you that are interested in hearing stories about NPNs, I wrote one on my BP blog here:https://www.biggerpockets.com/member-blogs/11308/86305-npn-story-mother-bails-out-deadbeat-son(It's a little bit long ...
Here's my situation, brief as I possibly can state it:
In 2009 I bought my first rental property, a duplex.
I then converted it into a triplex, eventually converting all 3 units to corporate rentals to fill a hole ...
Hi folks,First post here. Like a lot of investors my tenants had trouble paying their rent during the pandemic— understandably so, and I did not do much all of 2020-2021. A little rental assistance here, but definit...
So I just recently formed an LLC and would like to know how much I can borrow. When getting pre-approved, do you have to do it personally or can you go through your LLC? Or should it be done with private/money lenders...