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I have a primary residences that is in a great area that I’m looking to rent out within the next year or two. My question is, if I want to remodel aspects of it to increases its valuation does it make sense to wait un...
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Hi Folks,I bought a property in Harrisburg, PA about a few months back with a conventional loan on my name.I would want to transfer the property to my single member LLC. Reached out to an attorney. He mentions that it...
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I am brand new to real estate investing, but I’ve been listening to BiggerPockets podcasts for the past 3 months and I read 2 of Robert Kiyosaki’s books. But when I told one of my family members about my interest in ...
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My older brother is an attorney in our hometown, and has a fledlging practice specializing in estates, trusts, and wills. He was approached by a client who owns 100 units in 10 buildings in our native area, Northeast ...
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Why are you in real estate? What was the source of your motivation?
For me, I grew up with it. My dad was a professional and my mom bought and managed the apartment buildings. I spent my summers painting and clean...
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Hello BP folk! For a couple of months now I've been lurking the forums, listening to the weekly podcast, and reading the UBG (in addition to several other real estate investing books). So, it's about time I properly...
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Just got a flyer for my duplex in Hallandale, FL stating next year the utility accounts - water, sewer, sanitation must be in the name of the owner on record, and not the tenants.Owner will get a bill, and be responsi...
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Good Evening,I would like to become a real estate investor, but at the moment I do not have the money or the capital. I'm active duty military and going on deployment very soon..I thought it would be a good time to st...
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I know I will have to talk to someone who specializes in self-directed IRAs, but thought I'd float this question on BP first.Would I be able to use my self-directed IRA to loan money to my girlfriend, to purchase a d...
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Hey BP,
I currently live in the south suburbs of Chicago near Crete, IL and own a SFR in Steger, IL on the Will County side. My taxes are not horrible approximately $3,500 a year on a 1100 sq ft 3 bed two bath.
I u...