I plan to buy a rental property with cash from personal assets (stock market) and I plan to have the title held in an s-corp, for liability protection. Is there liability protection value in having the s-corp borrow...
Hello BP folks,
I have an interesting situation for one of my rental property which I purchased in Feb 2016 for $109K.
The property has now appraised for $130K and I expect it to appraise at the same rate. I put dow...
Hey guys! This might be an obvious question but I'm 20 years old and im obtaining my real estate liscense in about 2 months. I'll be working with 2 top producers in my area(Southern California)as my mentors and I'm lo...
I need some advice estimating rehab cost!
I'm buying a duplex in an area that has appreciated quickly over the past 5 years. I had initially anticipated making repairs to the house then holding it as a rental, but am...
I'm about to go straight from renter to triplex owner-occupant. I'm an exceptionally fast learner and have at least average coordination, so I love the idea of learning to do as many things as possible myself.
If I w...
Hello to all! ....It's lengthy#Biggerpockets has been an awesome resource for me for the last few months while getting into REI.When I sign up on a forum (any forum) I get really hyped up on how I am going to be acti...
Well, I am in escrow again... YES! I finished my first flip in March. Sold quick, great $, paid off all my CC debt and cleaned house. Now I have been looking for 6 months for another project! Dear wife is PRETTY ...
Let’s start a list of issues with the property it self and how we fixed them:1. Painted over wall paper - used a belt sander with 60 grit, then a skim coat mud, then normal paint prep.2. Not enough matching doors - re...
I’m getting ready to buy my first rental property within the next 2-3 months . I have 13k saved up and I intend to use an FHA loan.The multi family properties in my area are about 300,000+ for a 2/1 duplex . I found ...
Sometimes life is crazy with how fast things happen!
Literally looked at our first unit in person, been watching the market/mls for alittle while, this one looked interesting and I like the area so we went and looke...