Hey BP Community!I am gearing up to purchase my first rental property and I have a question regarding the best way to setup my business.I am partnering with two college buddies of mine (one lives in Seattle, the other...
Newer to real estate investing. May have an option to buy numerous, sub divided single family home lots within established town. Will have chance to almost pre buy before they really hit the market. Thinking of buying...
Hi everyone,I finished up the rehab on my first rental property at the end of February and am already having major issues with my new tenants (despite using the screening techniques taught in The Book on Managing Rent...
Hello everyone one on BP,I'm new on this forum and this is actually my first post here. I'm an accountant and work 8 to 5 schedule Monday to Friday and live in Cleveland ohio area. I felt like I'm missing being part o...
I own 5 properties (4 rentals) but I need a mentor. My current dilemma is, what to do next? Should I sell properties with high amounts of equity? I could use that money to transition into the bigger investments (apa...
Hi, my wife and I are preparing to buy our first investment property. We live in PA, but are going to be buying in PR. My question is, should we start an LLC before buying the property, or wait a while? We will be usi...
Why hello there BP Community!My name is Edd Lalo, HOST... of this rookie introduction. I am a prospective real estate investor in the Philadelphia, PA area looking to get my feet wet, connect with local professionals,...
Has anyone brought real estate in Illinois using a LLC? What was the process? Was it hard obtaining financing from the bank? What banks in Illinois offer mortgages to newly established LLC's?
When it comes to the real estate business, one document is crucial: the operating agreement. It's the plan that describes each partner's roles, responsibilities, and remuneration structure. A detailed operating agreem...
Hi, all. Nice to meet you here. I've casually listened to BiggerPockets but haven't been able to take action due to my being overseas. Given certain professional and personal circumstances, I've decided to move back a...