I need a bit of direction. I am a little newbie searching for my first deal, which will also be my first ever real estate purchase... a place I can "house hack" as I build up income for my second deal. I am looking f...
Hello BiggerPockets,My wife and I have dreamt of running AirBnBs and resorts since we were married. This year we want to take the plunge, take a risk, do something. Our goal is to build 2-3 geodesic domes as short-ter...
Hello,I recently got pre approved and now looking at properties to house hack in the Chicago land area (suburbs). As I’m going through the MLS I’m coming up with my questions for the realtor. My questions for you all:...
I understand that when we finally make our first deal, that property will be in its own LLC. But regarding the ownership of that LLC, my questions are:1) Do we need to go ahead and form a Corp now before we have any p...
Hi there,
I would like to know if is advisable to buy a home to fix and flip and close on it with 100% of the payment coming from my HELOC. My home is free and clear and I have a $250,000 HELOC. I would like to buy,...
I purchased my first rental property (triplex) 7 months ago and have had pretty good success with it thus far minus a few hiccups here and there. In my one unit however I have trouble tenants who are habitual late-re...
Can you put a mortgaged property in an LLC? A single family or 1-4 unit. I was told that you cannot do so unless the property is paid off. True or not true?
Anyone know of anybody in town (Las Vegas or Henderson) willing to open a bank account for a series llc cell? Banks like Wells will open one for the master llc but not the cells, so that won't work.I know the larger i...
Hello BP Community,I recently started a new direct mail marketing campaign in my Chicago market and wanted to sort of chronicle how it turns out. I actually wanted to post this the first week, but I gave it a little t...