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My wife and I will be house hacking with a duplex once we close at the end of January. I have some questions around paying the mortgage and also about the use of a business credit card.
I currently understand the im...
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Hey everybody!I've reached three rental properties, totaling six units. I have landlord insurance on all three, and require the tenants to have renters insurance. I operate them as a sole proprietor by the way.What do...
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Hi everyone. I am looking to buy a $500k property, and I have over $100k in savings (i.e. the 20% down payment). Will taking out a personal loan (to pay for some renovation work that I need completed shortly after I c...
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Hey Everyone,I'm in Lynchburg, VA and want to get started on flipping houses. I don't have any personal capital to get started, and need to flip some houses to change this. All of the money I make on my full time jo...
Are the following goals in conflict with each other:Goal A: Prioritize paying off your primary residence. Goal B: Save as much cash as possible so you are ready to BUY when recession hits.At first these goals seemed m...
Good evening fellow investors,My business partner and I are currently seeking financing for a deal we have under contract. We have attempted to work with many private money lenders and banks; however, everyone says th...
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Hey guys,
I am shopping for an insurance for our rental in TX, and the insurance agent proposed to NOT get 300K liability coverage, and instead rely on my home liability coverage to cover the rental. DIfference in cos...
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Hello biggetpockets community! After months of studying and looking I think I have found the one. My first rehab. The numbers make sense and the renovations are simple enough not to be overwhelming. However, to fund t...
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for investors in Massachusetts with two or three properties how do you structure things? do you have an S corp for the taxes or something else? I know LLCs are expensive so wondering what others are doing.
Hello,So I have always been interested in acquiring rental properties and when I recently discovered Bigger Pockets I really got motivated to start putting things in motion. From what I have gathered it would behoove...