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Hello. My fiance has a house in her name that she would like to rent out in the near future. I've read about transferring to an LLC but most of the conversations deal with liability and not tax, which is my primary co...
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Hi Everyone!A few years ago, I purchased 2 vacant lots outright for a total of $24,000. I am now selling them and set to close this week at a sale price of $50,000. I would like to reinvest that money into a rental th...
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I just purchased my first property yesterday at a tax deed auction. I always thought I would buy, then sell for a profit in the same tax year. But since it won't be sold until next year, I need someone to explain to m...
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Hi All,My partner and I are looking to get started in REI, primarily in smaller 3-4 unit multi families. We currently own one 3 unit property, and the title is held under our individual names. As we're preparing to ...
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Hello to all!I'm considering the purchase of an REO with major mold issues. The good news (at least it seems like good news) is that the cause of the moisture was a burst pipe not a leaky foundation or some other myst...
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Hello Folks,
I wanted to seek advise from the savvy investors here at Biggerpockets.
My father, who lives overseas, has 100k in US dollars that he would like to give me as a gift for me to invest in Real Estate. M...
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So my wife and I currently live in a townhome, and are ready to move into a single family home in the area.I came across the template so I filled it out. Your goals and story: I'm basically looking for ideas on how t...
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Hi,
I have a SFH1 (4bed/2bath) in which I live with my partner and kid and occupy fully. I also have another SFH2 (4bed/2bath) 20 miles away. In SFH2, I rent a couple of rooms out and keep the rest for my personal us...
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I have my first eviction in Milwaukee and was hoping to get some insight on what to expectPrevious tenant vacated 12/1 New tenant moved in 12/20 - paid Dec prorated rent and a depositTenant paid January rentMid Januar...
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In my rental, there's this open loft /room that used to look like this:Tenants in the past used that space as another bedroom even though its small and didn't have any closets. But, the biggest hurdle to using it as a...