Hello BP community,All of you experienced investors who own duplexes tri and quads, are you getting conventional financing (30 yr fixed) for your investments? If so do you form an llc and get the bank to finance an ll...
Hello,I am currently under contract to purchase a 4-plex in CT (3 residential units and 1 store front). The property also has a large parking lot across the street from a big employer and generates income from it. I h...
I have a tenant that has indicated that she would like to Airbnb the house when she goes on vacation. They seem to take a vacation every month. I have a clause in the lease that prohibits this. She is respecting th...
Good Afternoon Everyone! This is my very first post within the forums and am hoping to get some updated recent knowledge regarding beach properties. I know they can be scary, but am excited to hear what good news/ho...
Was wondering if I should start and LLC to begin investing in multifamilies or is it okay to do it without forming a separate legal entity? What are the pros/cons? Thank you and looking forward to your responses.
Dear Biggerpockets membersA section 8 tenant of mine filed a conversion lawsuit against me claiming I was responsible for her missing belongings worth $100,000. I got a lawyer, she lost the case and I asked the judge ...
I like the liability protection an LLC provides, but everything I read says that banks won't lend to LLC's (or allow to deed to an LLC normally). So do most of y'all not go the LLC route? I am assuming then you would ...
Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12 rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...
There was recently a debate on this site about the licensing requirements to take pictures of a house in return for compensation. In that thread, I had a little rant about the creeping role of the licensing into all ...
An interesting article in the WSJ on the disaster that is befalling Airbnb hosts, both owners and sub-leasee's. It also touches on the potential effects on the people they employ and general housing market.
Specific...