Hey Everyone,Quick question I’d love some advice on. Just bought my first rental property and I’m going to form an LLC and move it over to that ownership. The goal is to purchase more properties over the years mainly ...
I'm sure most new investors have this question. Although I myself am new, I know where I stand. I'd prefer to build a rental portfolio accompanied by periodic flips. But I'm curious. Are you more on the side of runnin...
My wife and I had been interested in purchasing a rental property for about a year with the intent of making this a business. She's a teacher, I'm an engineer and we have little faith in the future of Social Security ...
Hey everyone!I'm hoping there are a couple people that are in my position or that have advice on moving forward. I have been self employed for most of my adult life. I make in the six figures right now, but taxes have...
Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
Tl/dr: we are looking for advice/resources to help "train" our newly inherited tenants to be more financially literate/stable (more context below). Here is what we're looking for: Any programs/courses (either in Georg...
Hello BiggerPockets Family,I wanted to share my first purchase that I closed in LA back in August 2017. Now that the dust has settled, here is my story. I hope this reminds beginners like me that it is possible to pur...
Hi Everyone. I have been on Bigger Pockets for a month or so. Mostly quietly but getting more active.I was born and raised in Seattle and have spent the last 15 years working overseas for a humanitarian organization. ...
With the lease starting today, I have a tenant who contacted me yesterday saying she was just diagnosed with "a virus" and needs to get out of the lease. She says she probably needs to take leave without pay from work...
Hello BP community! My name is Tinah, a brand new real estate investor in Worcester County, MA and I ran into a few problems on my first transaction (details on a previous post). And, as if it that were not enough, a ...