Elizabeth Atkinson
Do l have to establish a corporate identity, get an LLC before I even do my first project?
Before I found this site I went to one of those 3 day workshops run by an investing guru. I was told by a so called mentor that I shouldn't even start doing deals at all until I got an LLC setup. Of course he would he...
Craig Curelop
Landlord Form Reviews
Hello everyone,Thank you to those have purchased BiggerPocket's recently launched landlord forms! We are currently working with lawyers from every state to create state-specific forms for all 50 states + Washington D....
Kat N.
Mobile Home Park Lawyer is needed
Hi,I am going to purchase Mobile Home Park in TX. I discussed the price with the seller. He would like to get an official offer. Could you please advise me an experienced lawyer who deals with MHP purchases? I would l...
Jorge Soto
First Investment Property...Tips for tax season
Hello BP community. I bought my first property in late October. Its a 3 unit in Sacramento California. I have two of them rented and I live in one. My question is what can I write off on my taxes this up coming year? ...
Izel Pieters
Collecting Rent Issues
Im a Real Estate Rookie and i have a renter that is also a rookie in the rental world. They just moved out from their parents house for the 1st time. She has been in the apartment for 3 weeks and send me a message thi...
Ramon Mota
When to fire sale property
Last year my mom bought at restaurant in a small northern California town. After puting money into refreshing the eating area she opened. For a total of 39 days and then passed away. I just filled taxes and the busine...
Karim Shah
Water Dispute with the City
Need some advise please.I have a tenant moving into my rental property today. I contacted the water department to turn on supply and they informed me I have a unpaid water for a six month period. When asked how much i...
Adam Egloff
Should I move ahead with my first deal?
Hello,I'm currently working on getting my first property and I just wanted to get some opinions on whether or not this is a good deal. It looks to me like it is even if the cash flow is a little lower than I was hopin...
Greg Rementer
moving property from personal name into LLC
Hi Everyone with experience with moving your title into an LLC for corporate protection. Once the title transfer has processed, in terms of switching all the bills into the LLC bank account, do I just move the mortga...
Allen Grant
Mold!
I am currently looking into a freddie mac foreclosure. The home was built in 1990 and is in good condition except for the fact the home had a water leak and now has an extensive mold issue. The trim along the floor ...