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Hello,I recently formed an LLC (in CA) for my rental property investments (just closed on my 1st one). However, I am also going to be partnering with a friend in Colorado. We are planning to form a separate LLC for ou...
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So I'll try to keep this as brief as possible. It’s a long story. Extra credit to anyone who finishes…We purchased a house to live in, and it was a fixer upper. During the construction phase some materials were placed...
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I've been looking at investment properties casually for about 4 years, and seriously for about 10 months. Boy, do I wish I'd had my ducks in a row for some of the deals I saw before I knew enough to know what a good d...
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I have a tenant that owes me about $30K in rental debt in San Diego. I will pursue through small claims court after March, 2021. The problem is this.1) when tenant moves out, they don't have to provide me a forwarding...
Hi All - my business partner and I jointly own a property in the Philadelphia area and we'd like to transfer ownership to our LLC. However, our property is still mortgaged so we want to ensure this doesn't cause any i...
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I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.
We often see discussions whether investors should use an LLC or an u...
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Our NIGHTMARE TENANT has been given a 7 day notice to vacate. There is an active water leak coming from her apartment for the second time. We told her we’d be bringing plumbers by this morning. She ADDED A LOCK to the...
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So we all know that Baltimore City certain areas are cheap. I have a simple question, should I invest there? I was looking at a TH, 3br, 1 bath for $17k. I was planning to rehab it and do a buy and hold with it. ...
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Hello everyone, I am planning to purchase my first rental property this year, and still debating between single family or multifamily.As a first time investor, a lot of friend and family are recommending me to start ...
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Hello BP,I'm sure there are many people out there on BiggerPockets with analysis by paralysis. With all of these podcasts, articles, books, and other sources of information, it can become a nightmare to focus on one t...