im about to purchase my first investment property and i was wondering whether i should keep it in my name or if i should start an llc. and what are the benefits to having it in an llc rather then owning it in my na...
Hi all, I'm new to the BP community and I'm an aspiring landlord in the DC area!I will be moving down to start my new job in DC very close to the Navy Yard, and I am considering some homes & rentals to purchase wh...
I purchased 17 acres with a old farm house, a mother-in-law suit & several stocked ponds back in Nov. for $25,000 on the court house steps. The 1st day I go out there I have THIS neighbor come over and tell us how...
Hi,Recently I've come across several bank auctions that are occupied - by owner or tenants.i believe the bank has foreclosed on them and taken possession , but the dweller has not vacated yet. So they do not have inte...
Hello, I'm dealing with a tricky situation and wondering if anyone else can provide thoughts.
I purchased a quadplex in December 2021. At the time one of the tenants was not paying rent and I came to find out that ...
Hello! Are there property management companies out there that also offers bookkeeping services to the landlords? If yes, what is the usual inclusions and rate? Is this something that landlords would be interested in o...
Hi Everyone,I am trying to understand how the property gain taxes work in Maryland. I know I can use a 1031 to work around the taxes for a little bit but I will using a private lender so I don't believe that will be a...
I had a property under contract. A week before the closing the title search showed four people on the title which was not disclosed before. Also there is a huge tax lien on the property.The seller agent is the mother ...
We're about to close on our first rental property (woo hoo!). Does anyone have a go-to list of what needs to be done next? This can include how to get tenants, is it imperative to set up an LLC, and anything else you ...
Hey BiggerPockets,I am looking to purchase a townhouse in Baltimore, MD as a rental. After researching online at landlord-tenant laws in the state of Maryland, I noticed that Baltimore City is especially tenant-frien...