Angela Sammons
new member intro
Hi everyone! Just introducing myself. I have just purchased my first duplex. I'll be living in one side and renting out the other. Any advice/resources on property management tools is much appreciated!
Shannon Vistisen
Forming an LLC for our Short Term Rental
Hello Everyone, I'm looking for some information around forming an LLC for our Airbnb property. Can we legally do it?
What are the benefits?What are the requirements?What has been your experience if you have one?
T...
Bernie Huckestein
Income for renter(s)
Looking to fill my first rental property and looking to confirm the minimum income.I have read in the BP book that we should look for a minimum gross income of 3x the rent. My question is if I have two people (not ma...
Erica Wilson
How Do I Create An LLC And Should I Hire Someone To Help Me?
I know an LLC is not necessary to invest in rental properties, but I’ve decided this would be a better option for me in the long run. Is it easy to creat an LLC on your own, or would it be wiser to hire someone to ass...
Brian Hosier
Returning member from Langley BC
Hi all, I'm actually a member who has been here for 2 years but really didn't do anything since then so I'm trying to jump back in with both feet! BP is the best resource on the web for RE investors bar none and I ju...
Michael Wentzel
Looking for a structure for our cash partner
I am looking once again to the collective wisdom of Bigger Pockets.
We started buying run-down properties, fixing them up and then refinancing them to get most of our cash and down payment money back out of t...
William Collins
Conversion of a 5 family unit to a 4 family unit
Now that my brewery is off the ground, and diversification of income have begun- I am looking at properties. There is a potential deal which I am inquiring on bundling which has 2 multi-family properties. One of t...
David Galvan
List of steps before renting out property
Hello all,
I am looking to rent out a property. What steps should I take from this point? I know I will need some sort of lease agreement and some sort of background check to screen possible tenants, but what other i...
J Day
Leveraging a property you own
I have 9 properties. 6 with note from private investors, 1 with wellsfargo, and 2 I own outright. Can I take money out or someone leverage the two properties I own? Like a Heloc for investment property?
Jeff Cliff
closing with all cash what legal docs required?
Hello,I am closing escrow for a property in next 1 week. Entire transaction is all cash, in this circumstances I would like to know what all documents do I need from the trustee (seller) and what all documents I need ...