Chris Burke
Question about demolition of a detached accessory dwelling unit
Hi BiggerPockets! I know I'm going to need excellent professional help planning this from start to finish, but thought I'd start here to brainstorm.My partner and I just bought a commercially zoned property in Nashvil...
Eddie Hincewicz
Financing Short Term Rentals w/ a Business Partner
Hello BP Community! I'm reaching out for your insight. I'm partnering with a close friend to purchase properties for short-term rentals in Page County, VA. My partner already has an STR, but this is my first time divi...
Carol Lam
LLC for rental property
Hi,I live in california, but I find a property that I am interested in. In california, an LLC costs 800 minimum tax payment. Is there a way I can set up a LLC outside of california? If so, which state is the best? ...
Anna Sam
Talking to property management companies. do they get to keep late fees?
Hi I am talking to property management companies to manage a property I own in central florida. One of them had a clause in their agreement that they get to keep the late fees. I thought that was pretty weird since th...
Frank Bastin
Building plex in Detroit
Hello,
I currently live in Canada and would like to jump into real estate development, but I have no idea where to start. I know for a fact that the city of Detroit has a lot of cheap-ish land to sell, so I was think...
Jon Klaus
Structure of escrow account with seller finance?
What are the caveats and how do you structure escrow accounts for property tax and insurance?
I'm selling a home that I own free and clear. I'm creating a new 30 year note, contract for deed. My buyer is finding t...
Martha Daisley
Husband and Wife LLC
hello allMy husband and I are closing on a property this week. We want to close in an LLC we just created. My question is, when i go to create the EIN number, the IRS wants to automatically make us a partnership. My a...
Von Olds
Renatus
Is Renatus a Marketing scam I'm getting mix reviews from people.
Luca Giani
How can I fund my next rental property?
Hello everyone,My business partner and I have successfully leased our inaugural rental property in Detroit, specifically in Warren. The property is generating a promising cash flow, and we are eager to acquire our sec...
Jillian Bibbins
Looking for a CPA
I recently bought my first duplex in the Dallas-Fort Worth area and it have been a doosey. I am currently looking for a CPA to help me with tax planning for the future and tax perpetration for the year. I really woul...