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I own a 250K rental property and got 500K liability coverage home insurance. I'm wondering if I need to form an LLC to protect my assets. If so, how easy is it to get a conventional mortgage for a property owned by an...
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Hello BP,I wanted to give everyone an update on some happenings here in California. A ballot initiative is gaining steam to raise taxes on properties valued at more than $3 million. This could effect many owners. Prop...
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I have heard of a snowball strategy of paying off rental properties that can speed up the number of doors you can acquire over time. Can this strategy work with partners in which 2 - 4 people put in enough to purchase...
Investment Info:
Townhouse fix & flip investment.
Purchase price: $70,000
Cash invested: $38,000
Sale price: $205,000
Property Investment Summary: 7672 Bernardo Dr, Riverdale, GA
This proper...
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I am using quicken for real estate to handle all my finances. I am buying my first property, and am trying to categorize all the expenses. So here is how I understand it.
The down payment can not be written off.
All o...
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Been thinking about investing in one of these sites, but want to hear which other wholesalers have had more success with and which offers the most benefits versus the cost. Thanks!
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I'm European, and I purchased a property when I was back in college in Europe (2009). I just got my green card, and I'm thinking about selling the property because rent to value ratio is ridiculously low. The property...
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Hello. I wonder if anyone could help me to analyze a potential deal. Here are the numbers . . . is this a good buy? Thank you.
8 plex being offered at $420,000
The seller is offering:
Flexible Terms !!
Possible ...
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I am planning to manage my own property using knowledge learned from BiggerPockets.What is the process to let the current property manager/company know when the current contract ends in a couple of months?basically, t...
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Hey Everyone, So I am looking at my first rental property this Saturday near Lansing Michigan. I am wondering what the most important questions are that I should ask the owner of this three unit rental property? What ...