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I am going to a sheriff auction for the first time to attempt to purchase a 1 BR condo. They are small but create cash flow. @ 17k or less at market value. I have the cash but want to take out a personal loan or busin...
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Hello all
I have been milling around bigger pockets for a year or so now, and I feel like I'm ready to go at it. But I ran into a person who told me that we cannot conduct subject to deals here in NY. Can so...
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Here's the deal. You read a post. You have your opinion and post it. But know that there is someone else here at bigger pockets that is a much more authoritative source. Can you @ sign that individual to call them ou...
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I'm buying a house with partners. It's under contract and we filed for an LLC which should be approved any day now that we're assigning the contract to. We've been writing personal checks and spending $ for inspection...
A few years back I did a lease option on one of my houses in Texas. The tenant had 3 years to exercise his option to buy , buy failed to. The option expired above a year ago and so did the lease. The tenant is still i...
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I have been wrestling with the understanding of how these topics are interconnected.I always thought I needed to put houses in llc but that may trigger a the due on sale clause. Also when I refinance or attempt to get...
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Hello! Looking for advice on putting a STR into an LLC. - Why is this recommended?- Does the title and business need to be in an LLC or can just the business be in an LLC?- What are the advantages and disadvantages?- ...
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I own approximately 100 SFH Rentals in Alabama through multiple LLCs. Unfortunately, I have had numerous issues with Jefferson County (Birmingham) either a) Misappropriating my Property Tax Checks, or b) Failing to ca...
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If you transfer your rental property to an LLC, do you notify your insurance company and have it changed to a commercial policy at that point?
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Been doing pretty good lately with deals and one final one is starting to take a turn. Had a seller in foreclosure call wanting to sell under any condition because home was days from foreclosure. We managed to help...