Hi! I would appreciate suggestions about forming LLCs. I plan on doing most buy and hold investing. I will buy single family homes and rent them out.Should I form one big LLC for everything? Or should I form one LLC p...
Hello BP community-Does anyone have experience borrowing money from their parents to get their foot in the door with real estate? How did it go for you?Let me explain my situation. I am going to be a sophomore in coll...
We put in an offer on a house this morning. The house had little activity on the RE sign in sheet on the counter and no offers as of this morning and has been on the market 11 days (not long, I know). But I find it ir...
Dear Fellow BPers,
Here is the gist of a recent sheriff sale acquisition that I would need some help with and it might be educational to some of you.
I acquired the property at a PA Sheriff sale through a mortgage f...
Hey All --After many months of work, the New BiggerPockets is now here!If you're on the old site, click the link at the top orange bar and you can start using it today or go to http://beta.biggerpockets.comWe've got a...
Hey everybody! I need your guys help and some insight on this BIG problem I got. I hired this contractor that I found on the bigger pockets website actually and I ended up getting burned by him. He’s been working on a...
Hello,I am in CA, so any California advice would be helpful. Long story short... We have tenants that signed a lease and moved in yesterday. They hid their dog when we first handed over the keys, but I had to go back ...
So I have a seller who wants to know the answers to all these questions?
1) If you are not going to buy the house with your own cash why am I signing a contract with you?
2) I need to let my attorney review this con...
My question is mostly out of curiosity. Does anyone on here have any example of you or anyone else being sued and losing the entire asset, business or worse?I hear so much about asset protection and it just gets me th...
I'm a 29 year old American living in California (Silicon Valley) with $500k in cash.
Due to religious reasons, I cannot use leverage (i.e. bank loans), so my investments need to be all cash.
I need to invest this mo...