CJ Moulton
LLCs for Real Estate: One or Many?
Let's say you have an investment portfolio of 5 properties. Would it be better to have a separate LLC for each property, or would one LLC suffice?Are there different risks when having multiple LLCs? Are there more tax...
Anthony Taitt
Show stopper 30 days before closing?
I am purchasing a new construction home from DR Horton and going through the loan process with DHI Title company. Everything has been going smooth so far until I received a 30 day late notice from my auto loan today. ...
RJ Gustilo
Cash Reserves For a Loan
Has anybody felt they ran into a set back after learning about having the need to have 6 months of reserves required by banks? I am a newbie investor looking for my first investment in the next few months and have eno...
Raymond F. Allen
Karen Green a.k.a. Investor Agent Extraordinaire!!!
Hey BiggerPockets Family, my name is Raymond. To set the stage, it's important to share with you that I NEVER post on social platforms, but I'm taking this time out of my busy schedule 'cause this secret is too good t...
Caleb Rehg
How Often Should I Do an Inpection
I just purchased my first rental property and am working to get tenants in there. I was wondering how often I should preform inspections of the property and what I should be looking for. This is a single- family pro...
Elizabeth Einecke
Contract Requirements for Non English Speakers
I am working with a homeowner who is in foreclosure and wants to sell me his house. He reads and writes English but his wife reads and writes only Chinese. I use a one page equity purchase contract for these deals. ...
Dhruva Patel
Homeowners Insurance AND Landlord Insurance???
Hello - I just bought my first investment property (a condo with an HOA) less than a month ago in Texas. With closing, I paid for 50% of the homeowner's insurance policy that cost $575 total. In addition, my realtor t...
Broquelle Arguello
Title Search Strategy
Afternoon! An interesting question came up recently about title searches - we've been scratching our heads in search of training (tech based preferably) regarding title searches done in-person/physically at the reco...
Brittaney Allison
Purchasing a Investment Property
Hello,
I am attempting to purchase an investment property in a location that I do not live in or work in. The loan is conventional and they are asking for Employment Verification saying I work remote in order to sett...
Aref B.
Buying house with option for seller buy back by February 2019
I am looking to purchase an investment property with a good tenant currently in place. Purchase price is $56,000 with $110,000 ARV. The owner is selling the house to get funds to make an investment in a business. H...