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Hey everyone,My name is Jaron, I'm from Ohio, I've been wanting to start investing in rentals for a while now but I am just now actively seeking to find my first property. For now I live at home with my parents so I ...
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I just formed an LLC & now I need to transfer my existing properties which are currently in my name to this new LLC. Is this something I can do myself? Or does an attorney have to be present?-Dinesh.
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Hello all! Just signed up yesterday...First post, first question:I'm a newbie, looking at a 1 BR condo I can get fairly cheap, and the rent payment would cover the mortgage payment right away, making it cash-flow posi...
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Hello BP,I am new to land investing and I found an established solar farm for sale. The local power company and Energy buyer contracts are set, land-lease contracts are set, and the solar equipment are all in place. ...
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If you have a rental property in a subdivision that has an HOA, how do you deal with this? I'm assuming you pay for the HOA fee, and just account for it in your rent price. In addition, even though you own the home, ...
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Hello!
A lease agreement has just been signed by two tenants who will be moving in November 3, 2023. Unfortunately, I had put insurance on the back burner as I was navigating through finishing up renovations and mark...
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What would you all advise as far as taking money out of a 401K to use as a down payment for our first rental property? I know 401K's are not popular but I have two different ones, which I know I would pay a small pen...
Hi BP!Happy Friday.I’ve got a 2 part question for the forum:1) Can I take bonus depreciation through a cost seg study if I’m not classified as an active investor? Doing a mid term rental in Texas with solar and was h...
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I own a 4 unit apartment building, live in 50% of the building and rent out the remaining 50%. I'd like to sell the building and do a 1031 exchange for the 50% share that is income property by purchasing a like-kind p...
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Hey everyone! I am a new investor wanting to get started in the Atlanta Georgia area. I am currently HouseHacking in St. Louis, so I will be a long distance investor.
I am wanting to start out with a small multifam...