I have a question in regards to us getting a property and doing it correctly. We are actually closing on it this week and were under impression that we cud put the house into our llc and rent from the llc. then potent...

Hi everyone,I'm an attorney and full understand the pros/cons of having property in an LLC, but one of the problems we are running into is that lenders are seemingly entirely unwilling to finance properties held by an...

Hello! I'm working on a business plan to open a small event space in Chicago. I've been mostly looking in Logan Square (my neighborhood) and Bucktown, and a few surrounding areas (Avondale, Humboldt Park, etc.). Ideal...

Hello BP community, today i was notified by my loan broker that the rate on my loan just went up 5.75 on a cash out refi for a triplex here in L.A.  This is a no doc loan based on income from property.

I started th...

Hey everyone,
So I got sent a picture of what seems to be mushrooms growing in the ceiling of my tenant bathroom. I sent the picture out to my contractor already waiting for feedback but I wanted to share it here als...

I have a recently rehabbed 4 bedroom pool home in FL and wanted to know if it was too large to capitalize on as a medium term/travel nurse rental. Is there a market for larger properties? I haven't furnished it yet an...

Hi,I am considering investing in my first rental buy-and-hold property here in Houston. I live in the Houston suburbs so naturally started looking here first. With the market recovery, it seems most of the properties ...

I came across this BP forum post from a few years back discussing the merits of cashing out a 401k to invest in real estate. http://www.biggerpockets.com/forums/49/topics/7460... There was some good discussion but the...

I just left the office of a broker, I know well and who has been an agent over 20 years. She says she had never heard of "wholesaling" and didn't understand how I could market a property "I didn't own". This came up...

Hi, I have a private money borrower who always pay interest payment late. Every month I have to email her and text message her about the payment. She is always late. Another thing bothers me is that the home owner Ins...