Hi all,We're looking at perhaps STR'ing our place in the NY hudson valley area. I think the major questions are:1. LLC or single owner. If we have 2m$ personal liability cover specifically for STR, is there any benefi...
Hello BP, I’m looking to get preapproved then get a mortgage for a primary residence I plan on buying. I am facing some grey areas when it comes to whom I want to preapprove me and originate my loan. I want to make th...
I have been in the process of purchasing my first long term buy and hold rental. I've spent the last month or two talking with a certain lender that I saw long term relationship with. After a lot of back and forth, he...
Hello everyone! My name is Mariam. My tenant's son closed the garage door on his bike and broke the garage door. Do I have to bite the bullet and take on the cost or is this the tenant's responsibility?
The tenant t...
I have close to 2M in investment RE that I'm looking to 1031 into a DST. One of the biggest complaints with DSTs is the high cost/fees associated with them. A big part seems to be the broker commission (8-12% from w...
Hi BP,Looking for some advice from the BP community. We are a few weeks away from the sale of our NYC apartment. This will net us $300K profit that will have to be put into 1031 escrow to defer capital gains tax. I mi...
Hi everyone!I've been listening to the BP podcast for a couple months now and have finally decided to pull the trigger on signing up and joining the community here. I'm just getting my feet wet and trying to learn as...
Hey BP Family,
I just finalized on my cash out refi on my primary residence. I was able to take out a total of $65k but only allowed to pocket $30k of the capital due to debts having to be paid. With the exception...
Hi everyone! Super excited to join the Bigger Pockets community as I have SO much to learn! I am hoping to F.I.R.E. in the near future and plan for REI to be a part of my overall income strategy. I currently have ...
I am going into a deal for the first time with some friends/business partners. We are shopping for a 4-8 unit apartment complex in Kansas City where I live. My partners live across the country in Oregon. While they...