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Results (6579)
Dan N. Why do people use LLC for "buy & hold" rentals that have mortgages?
17 July 2023 | 87 replies

I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...

Jason Eyerly What is the point of Cash Out Refinancing?
6 January 2014 | 52 replies

Hello Everyone,

So I've just learned about the cash out refinance option while perusing bigger pockets forums, but I don't understand why you would want to do it. Using the following scenario I was hoping...

Alfred Bell Does anyone use a Checkbook IRA LLC?
29 January 2010 | 43 replies

I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...

Sandra Sunshine Possible drug dealing tenant
6 September 2010 | 48 replies

I just purchased my very first home in March. It’s a two-family and I fixed up the downstairs and moved in this April. Upstairs tenant has been there for 4years with various sketchy roommates. He has refused to prov...

Rosston Smith Just purchased first property (Quadplex!)
12 October 2016 | 110 replies

After months of frustrating exchanges between the agent, seller and I. I have finally closed on my first property. I'm 21 years old and am very excited to begin my journey into real estate. Give me 10 years and I'll h...

Ben Williams Polling on "Due on Sale" being enforced after transfer to LLC
15 September 2016 | 95 replies

Taking an informal Poll here on the "due on sale clause" enforcement. Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transfer...

Amy Zemser Using your home equity to purchase rental units
25 October 2021 | 38 replies

Hi BP friends, I'm a landlord in upstate NY looking for some advice about generating revenues to purchase another buy and hold.  For the past few months, I've been reading a great deal about wholesaling (I even starte...

Mark Updegraff Share your WORST tenant requests?
19 September 2018 | 79 replies

Relative newbie to Landlording 101 (just over 2 years)

What is the WORST (stupid, funny, challenged etc) request a tenant has made to you? It can be written or verbal

I'll go first, I expect you more experienced la...

David Tower I'm officially in business - My Tale
24 October 2016 | 68 replies

I've finally done it. My first batch of yellow letters went out yesterday. Whoever said that thinking doesn't cure fear but action does was spot on.

I know Greg Smith's thread is popular so I figure people might enjo...

William Morgan I'm making an offer, take a look
24 December 2012 | 48 replies

I will be making an offer in two days on a property. I ran the comps, drove the comps, inspected the house and have a good feel for it's value. She has two other properties she also wants to sell me that I'm hoping g...