Robert Sprague
Llc vs umbrella policy
Hello just looking for advice on purchasing my first Sfh rental investment property with regards to setting up an LLC or getting an umbrella policy and making sure the property is maintained. Seems llc triggers a comm...
James Haffner
Found a cash flowing property but.....
My Fiancee have been looking for a good cash flowing property home for the past 2-3 months. We've been looking pretty religiously and haven't been able to find anything in our price range, or that produces the #'s wer...
David Nelson
FNG from Birmingham AL Alabama
Hello! I am Brandon Nelson. I have no experience in real estate, but am a big fan of the BiggerPockets podcast. My day job (hopefully not forever) is a CDL propane delivery driver in Birmingham, Alabama. I also paint ...
Nick Carlson
Dealing with existing tenant with no lease. (New York)
I just purchased a property that has a tenant in it who has no lease, is month to month, with no security deposit. As tomorrow is the 1st and nothing formal has been set up I was planning on collecting the first payme...
Jin Zhang
How should I set up LLC for my property?
Hi everyone, I have some questions about how to set up LLCs for my properties and would love to learn more about your expert opinion. Currently, I have two rentals. One is in California (I currently live in this state...
Sebastian Camargo
How Should I use $50k?
Hello, Bigger Pockets community, I am currently 18 and would love to hear your guys' thoughts and opinions on my situation. I am currently 18 years old with a 700+ Credit score. My father recently offered me a car a...
Larry Nielsen
LLC Tips for Real Estate Investors
Hello, looking for tips on LLC formation for real estate investors. Can I use a previously existing LLC? Would I need to re-write the operating agreement if it was not previously used for real estate? Should I start a...
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
I have a sibling who is looking to sell two single-family rental properties but is concerned about the tax implications. Currently, he rents and needs a down payment to purchase a primary residence. We're exploring cr...
Heather O.
Teen Tenant Died After Lease Terminated During Overstay
In Florida, Teen killed in motorcycle accident ( highly suspect that his plan to claim on insurance went awry and strong prescription painkillers involved).Single person occupancy and he was the only person on lease....
Steven Tankersley
1st deal w/ partner - company structure?
Background:I own a construction company here in California, and hold my RE license. I have been looking for the right opportunity to come along, and a deal landed in my lap when another Realtor called me to provide a ...