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Soooo this is going to be my first property purchase. Im looking for feedback on how I can do this. If I’m doing it wrong please correct me. And thank you in advance. I can buy my dad’s house which owes a little less...
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I just sold my first flip and made the mistake of being happy too soon. The inspector went through and tore it apart even though I had the electric and plumbing inspected and made some major changes to the plumbing i...
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Hey Everyone! I am looking for some help with the situation I am in. I live in Alberta, Canada and I currently have the opportunity to get my first rental unit filled with tenants already. Due to our market up here in...
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Hi all!! I am just starting with real estate investing, I have read several books now, rich dad poor dad, how to become a real estate investor by Phil Pustejovsky among others. I want to start with lease options. Basi...
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This seems like a very newbie question. How do you begin funding an LLC? Do I go into my local bank and let them know that I am looking to open a business checking and/or savings account under my LLC? Once in, do I ne...
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My partner and I formed an LLC in 2015 and purchased a rental home. This is our only investment property and the sole reason for the LLC. In 2015 we did not issue a K1 and there was no return filed for the LLC. We fil...
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I think the correct term is gravel roof. I've seen it on a lot of the old houses in my area. Anyways, have you bought a house with this type of roof? If so, do you replace or keep? Have you tried both and have seen a ...
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Hi All!
I started using biggerpockets about a month ago and I see so many folks mention about obtaining a cash-out refinance on their investment properties... I was hoping someone could clarify the below, as my under...
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Last February, I refinanced my rentals in order to buy-out my ex. One of the properties has ground rent on it which I've never paid since the owner is missing/not active. My lender required me to start the process to ...