As a new investor who may not want to start with creating an LLC right away, what are other methods that one can do to protect themselves if a lawsuit were to occur?
Hi All,I’m closing my very first SFR in Detroit now I need to buy the insurance policy for a 5/2 house. Company sent me quotation per $130/Month but I understand for some investor it could be around $70 . So what are ...
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.
I am thinking of getting into multi-family specially 4plex to start with. I wanted to go local but the price tag too high in Dallas, TX area. If I go within 4-5 hr drive I can find better deals. Although I will be giv...
I had a chimney fire (wood insert-unknown cause at this point), in my 6,000 sq ft house, on Monday. The fire was confined to the roof area of the chimney but they had the hoses on at least 90 minutes. There was smok...
Hello BP Community,Thank you for all the knowledge and experience shared on this site! I've learned so much in such a short time after actively going to the site, reading the blogs and listening to podcasts.I am a h...
Hi everyone,
I spent 2.5 years building what we thought was our forever home in the Bay Area. We did things that would not make sense if I were building it as an investment property. Due to some life changes, we are ...
With the novel Covid-19, Many Americans are battling economic uncertainty. Over 6 million Americans are seeking Unemployment and are experiencing a significant decrease in their household income. Treading uncertain wa...
Hello everyone, this is my first post here on biggerpockets.com. Unfortunately for me this is a question I should have asked prior to making this offer to purchase. The property is being sold via power of attorney. T...
"I'm considering purchasing a distressed property priced at $300,000, which requires a complete rebuild. This property holds potential as an investment property. Nearby houses are 700k + I have two options: either con...