Hello:My tenant paid six months of rent as a lumpsum amount. I own a business checking account to manage rental income. I do not have any imminent capex or big ticket maintenance items (fingers crossed!)What would YOU...
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Looking for the best business management or property management services? Business are totally dependent on money, if you have want to solve property problems and found best website for knowledge this is really useful...
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Hello everyone!This is my first post/question on Bigger Pockets. I'm looking at 5 single family homes in Georgia. Price ranging from 45,000 to 90,000. Should I do an individual loan for each property or one big loa...
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The more I research the concept of forming an LLC, the more confused I get. For the gist of my understanding, proper insurance should cover you for liabilities. But on the other hand, an LLC formed on a specific prope...
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Hello everyone. A friend and I want to get in to business together so we’re thinking of getting in to an LLC but dont know about how it works. We’re trying to figure out what is the best way to work together and go 50...
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Hey guys, does anyone know, if 2 or 3 members are in an LLC and one member of an LLC passes away. Lets say there is a house in the LLC.How does it all work out then? Do the remaining members have to go through probate...
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Does anyone know what the typical terms for financing a commercial condo are?
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If you had $100,000 cash, how would you invest it in Real Estate. Would you try to buy an apartment complex, SFH, buy and flip? I'm just curious to see some different strategies used if there was some capital involved.
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Hi everyone, I am currently taking a Tax Analysis class at my university and I came across Section 179 in the tax code. Based on the discussion in class, it seems that as a business owner you can elect to immediately ...
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Hi all, how can one use a line of credit to add rental properties to their portfolio? Can someone give me an example? Bank said I could use it as the down payment and then get another bank to fund the loan. I am tr...