Charian Eccles
Property Repair Expenses
Hi, I'm a real estate newbie! I'm assuming repair expenses vary from one house to another but roughly, how much money should I have saved up for property repair expenses before I start looking to buy another property?
Brandon Pace
Building Business Credit
I am opening my first business account to receive revenue and pay expenses for my 7 rental properties. I would like to use this opportunity to build business credit. Do any of you have any tips to get this set up to b...
Donny Hackett
Trying to buy first rental with a HELCO then transfer to LLC
I am trying to use a HELCO to purchase my first rental property but the C.U. i am using said we do not support the transfer into an LLC. How can I still use my HELCO to buy the rental then transfer the rental into an ...
Cassidy Burns
Inheriting Tenants Security Deposit
Hi BP,Quick question, if you purchase a rental property and inherit 2 tenants, how is the security deposit handled? Is the seller responsible for transferring the security deposit to the buyer or is the buyer now lia...
Pablo Barrientos
Who has used PenFed for a HELOC?
Hello BiggerPockets, I’m starting to look into HELOCs for my rental property and wanted to see who has used PenFed for funding. I started the process online and it only offered me a 12 year repayment period. Is that t...
Justin F.
A question for the community
Armed with the knowledge you have today about real estate..if you were about to go to college.. which degree/career would you choose.. this is with you knowing one day you will be a real estate investor.. which career...
George Lods
Right vs wrong way to fund LLC Capital?
Hi everyone and Happy New Year! Hoping someone can enlighten me to the right way to handle this. If we use a Heloc from our primary residence to periodically fund capital in an LLC account and then pay that money back...
Hassan Asif
Need Investment Advice / Property management Company
Hi everyone! My name is Hassan. I own a remote design agency in Florida, but I don't live in the U.S. I have some liquid cash in my U.S. bank account and would like to start investing in real estate. I'm interested in...
James Nix
What happens with inherited tenant security deposit?
Hey Everyone I wanted to know after purchasing a property from someone with inherited tenants do the seller suppose to give over the security deposits of such tenants. Guessing that they are already on current leases ...
Account Closed
Refinancing a Rental
Hi All,Looking for recommendations on a small, local bank to do a refi/cash out on one of our deals. We bought it cash and it is fully renovated. We have experience with 25+ flips and are now migrating into rentals a...