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I've had an attorney and a CPA tell me I should change my house flipping LLC regularly. Run a dozen or so deals through, then let the LLC dissolve and create another one.I believe the reasoning was for liability purpo...
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Hey guys!I wondered yesterday, while reading "The Book on Rental Property Investing", if there is a risk with the loan I take. As there is the rental property as a security for the bank, can't they just take the house...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $159,000
Cash invested: $11,000
Purchase Price: 159,000
Financing: 20% down Conventional
Closing cost: 4,000
Repairs/upgrades: 70...
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Hi BP'ers!
I tried searching on the forum and don't seem to be able to find an answer specific to mine.
I have a seller willing to sell me his portfolio of 14 properties.
I am currently still reviewing the tenants l...
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I have a tenant with five months left on the lease. He's been there a bit over five years, he's on his 4th roommate. He's intermittently a pain in the ass, and we already planned to not renew this year. He's viol...
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I have a mailing list of tax delinquent and properties with code violations. Should I mail to all of them, or should I take the time/money to take out the ones that haven't owned the house for very long? I can't cross...
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There's an absentee-owner house I've been watching in my neighborhood that recently went into pre-foreclosure. I'm considering reaching out to the owner to make an offer on the house, but I've noticed something weird ...
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I am considering buying a 2 flat, but it is next to a new storage unit facility. Is this a deal breaker? Would you buy it or pass on it? It's a good deal
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Have any of you seen anything like this? It is throughout the house and the dark lines seem to correspond to the attic/roof beams. The house is only 14 years old. And seller says he replaced the roof due to storm dama...
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Joined biggerpockets a few days ago and have found a lot of really good information and contacts. After who knows how many months mindlessly searching the engines. As a general contractor I am always looking for new w...