Srinivas Reddy
Advice on LLC structure
Hello everyone, I am relatively newer on Bigger Pockets and am looking for advice on LLC structure.I saw in another post a few years back that the general recommendation is to have a series LLC that owns the individua...
Scott Settimo
Best use of home equity
We own our primary residence free and clear; I’m wondering how best to unlock that equity to acquire cash flowing commercial RE - take out a home equity loan or in some other way use the equity as collateral.
Thanks f...
Jose Mendoza
Lease-purchase rental property to a family member
I am trying to understand how capital gains would work on the following scenario. I have a rental property that I would try to do a lease-purchase deal for a family member. They will sell their home and parents home a...
Tom R.
Are repairs made to a house hack tax deductible?
I am negotiating the purchase of a house that I intend to fix up and either flip or refi and rent out. Im purchasing it as a primary residence since all my free time will be spent working on it I might as well live in...
Grace R.
Buy new home and rent out first, or stay and buy a duplex??
Hi everyone,First time poster here... :) My husband and I are moving forward with real estate investing and would like some advice from tax and legal standpoints. We are trying to decide between:1. purchasing a new ho...
Roy Shah
Seeking Investment Advice in Detroit
Hi Savvy investors,I am reaching out to connect with anyone who has made investments in the Detroit area of Michigan. I am currently interested in investing in single-family homes for long-term rentals and would love ...
Michael Sheridan
Buying a property with tenants already there
So I would like to get ideas and thoughts here who has bought property with tenants already in there? Pros? Cons? Things to keep an eye out for? Regrets? Same question for people who have bought properties without ten...
Thomas McNally
Homeowners Insurance- Canceled
My primary residence is currently being remodeled- new kitchen and bathrooms. My contractor eliminated a window in the kitchen and pulled some vinyl siding from the garage to replace. Last week I received a letter fro...
Jordan Petchel
Asbury Park NJ Multi Family Property
Property in Asbury Park NJ is listed for $850k. Needs lots of renovations but my current rent practically covers the $5800 mortgage. First time investors. Looking for advice before I talk to local agents.Any idea on t...
Robert Carney
Newbie from Athens, GA
Hello BP community! My name is Robert Carney, I am a 29 year old aspiring investor in the Athens, GA area. My wife and I have two kids a 1.5yr old and a 2mo old. So far my real estate background consists of two primar...