I want to purchase a STR with family members as a second home so I can put 10% down. They want a place to park their money and see some appreciation and return, and I want to use it as a way to offset my w-2 taxes whi...
What would be the proper process to purchase a property in my personal name and then move it into an LLC. My guess would be that first, I'll purchase the property in my own name. All expenses are being payed from my p...
It's fun to see investors collaborate and share knowledge on BP and in person. Enjoyed the monthly Vested Alaska meet up at 49th Street last night with investors in South Central Alaska. One investor shared that if yo...
HelloMy wife I will be equipping two new rental properties (our first two) with a fridge, dishwasher, oven, washer and dryer in June/July of this year.I read that a DirectBuy membership ($800) is a great way to get na...
Hi everyone.
I just closed on a single family home that I’m planning to flip.I have financed it using a conventional mortgage under my name, and I would like to transfer the title to my LLC, so I can manage the renov...
Hello every one, been on this forum now reading every body's post and setting on the sidelines rooting and watch and listening to all the positive thing going on and finally stepping up to try my hand at our first hom...
I'm trying to run the number on my first STR and I dont want to miss out on any expenses. I have the main expenses like mortgage, taxes, insurance, utilities, repairs/ maintenance and cap ex. Is there anything else I ...
I have a caller today that paid $20k as a downpayment on a mobile home that her purcahsed for $150k. His mortgage is $870 per month with $150 in insurance and tax and another $600 for the land. So his monthly cost is ...
Good Morning Bigger Pocket FamilyMy name is Will and I live in Southfield, MI. I have graphic design business that takes care of the creative side of my brain, and I'm here to get into REI to take care of the analytic...
Hi Gurus,Is investing in condos a good idea? This will be my first investment property and in my area, investing in SFHs and MFs is out of my current reach. I am looking specifically at Folsom CA area. Some insights o...