Christopher Mikle
Single business LLC or per property?
Hey everyone. Wondering what the general consensus is on how to structure LLC’s for investment properties. Do most people have an LLC that covers all of their properties or do you do a separate one for each property? ...
Hiten Java
Primary to rental depreciation
Hi all,
Had some questions about converting my current primary house to rental property.
Details:
2018 - Primary home since 2018. As per county records, land value was $190k and structure value was $474k, total val...
Lee Kirkland
Hello!
Good afternoon! I am new to BiggerPockets.com. I am 38. I am married with 4 children whom we homeschool. We currently live just outside of Charleston, SC in Summerville. I currently work as a Manager with The Boeing C...
Brian Lacey
Borrowing in a Negative Interest Rate Economy
If the Fed goes to negative interest rates for the overnight borrowing, what does that look like for investors?The Fed for years was at 0-.25% interest, a loan was in the 3-5%.Is the logic conclusion mean if the Fed w...
Stone Teran
Got a hard money offer. Are these numbers in line with market?
I'm looking for buy a half-vacant 40+ unit apt building for $400k and approached a hard money lender to finance $160k. The remainder I will pay cash. This is what he came back with:1. $3500 appraisal fee and $1000 s...
Lisa DuFaux
New world for commercial real estate?
I keep reading articles about how companies are changing their plans to accommodate the, now common, desire to work from home. It seems this will have a huge impact on commercial real estate, which I would think could...
Samson Kay
Out of State Series LLC in Massachusetts- is it Possible? What are the implications?
Hi all,
I'm a new real estate investor in the State of Massachusetts and have been researching into getting an LLC for some added protection for my property. The goal is to get 5+ properties over the next 2-3 years.
...
Arthur Clark
Ohio transactional funding
I have clocked a few hours on BP since joining. From many of the forums I have read a brokers license is needed in the state of Ohio for wholesaling.An alternative is to buy the property and then resell to another inv...
Matthew Fragassi
Renting to a co-worker
What are everyone's thoughts on renting to a co-worker?
I see the advantage of knowing he has income and a stable job.
Disadvantage would be if I should ever need to evict him, that could make work life a bit awkw...
Josh Davis
Newbie
Hey you all! It's great to be on BP. I have been a bit quiet looking over posts and listening to podcasts.
In a short little while, I have learned a ton.
A little about myself. I started in retail at a grocery sto...