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Hello,I’m looking to invest out of state. Below is a list of questions I’d like to get advice on to determine how best to proceed. Would appreciate any feedback!1. Should I incorporate in the state I will own and rent...
I realize this will simply come down to bank policies, but I’m curious what’s typical.In the the midst of a 1031 exchange, we qualified for a mortgage on the replacement property at $2.9M, and rate locked in mid July....
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I have been looking at purchasing a turnkey property in a town that is declining, Danville, Illinois. The prices of homes are incredibly low even after the turnkey fees. I have used the Bigger Pockets calculator and t...
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Hi,
So far I have been using my IRA to purchase properties so the POF has not been as issue as I have been just using cash from within my IRA. So the whole POF thing is a bit new to me.
With that being ...
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Hello BiggerPockets community,
This is my very first post...A little about me. I've been selling real estate in St.Augustine FL for 6+ years now. I have purchased three rental properties within the last two years and...
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Hi everyone,
I’m looking for advice on how to handle a recent request from one of my tenants. Here’s the situation (personal details removed):
The tenant reached out explaining that they’re going through financial d...
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What should I do if a tenant hasn't returned their move in/move out checklist within the time stated on their lease agreement. Our lease says to be returned no later than 5 days at 5 PM and today is day 6... they said...
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Good day BP Community. I'm in a bit of a pickle as it stands now as I venture into beginning my investment portfolio, while working on borrowed time. I currently work overseas as a contractor for a private company (...
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Ive been researching entity formation (interested in SFR and MF buy and hold) and I'm a 'little' confused (to say the least).Would it be best to consult a CPA first to determine the best structure from a tax standpoin...
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First off, thank you to this forum. Through advice given to others and lessons learned, y'all have helped me build a fairly solid list of rules/regulations for my future 4-plex. The issue today is I'm worried about sc...