Shawn D Augusti
who should sign the lease agreement and utilities ?
Hello BiggerPocketorsMy wife and I just placed an offer on a townhouse, and we're pretty confident that the seller will accept it. We are also in the process of creating an LLC in the state where the property is locat...
Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Heather Shannon
General Contractors: Hire one or be my own?
I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...
Conner S.
Florida County Foreclosure Auction Questions
I am looking to purchase a home that is being offered at a county foreclosure auction in Pinellas County, Florida. I am wondering if anyone has any experience with this and can hopefully offer some advice or a good co...
David Siegel
Airbnb - Selling & Giving Away Food
I am Airbnb'ing out a full studio ADU with brand new kitchen and appliances. So the guest has their own full, nice kitchen. Would it be kosher to buy boxes of frozen costco pizza and leave them in the freezer. Put my ...
Yuhong Gu
Ask for advice on partnership terms (%, title, LLC or not, exit)
Hi All - I'm considering investing in a beach rental property with a partner and much appreciate your advice on a few key terms. We are splitting down payment and all the work (managing renovation and furnishing the c...
Blake Billings
Joint Venture or LLC
Hey BP,I am looking for advice on how to structure a partnership. JV or LLC as partners. What are the Pros and Cons, implications, etc. I currently have 5 units that I have acquired over the last 24 months with my own...
Paul V.
1031 Into Passive Investment Through TIC?
1031 exchanges have been interesting to me, although, outside of a DST, they still require active management.I received an invitation from a well regarded real estate developer to 1031 exchange into an acquisition the...
Eric Schneider
Changing ownership from self to LLC
I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed ...
Corey Davis
Silent partner for credit purposes?
An associate says he added a partner into his LLC because she had a nearly perfect credit score, and became guaranteer on business loans and commercial real estate, effectively making it super easy for him to achie...