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First Property - How to take ownership
Hi,
Just starting out and looking to invest in my first property - looking to keep the first one small 2-4 units, to get some experience in the day to day operations and other nuances of being a property ownership ...
Account Closed
STR Set up Questions! LLC, furnishing expenses, etc.
Hi, I'm considering converting 1 unit of my duplex in to a STR. I currently live in the unit that I will be converting into a STR. I'll be moving into the other unit. 1. Do I need an LLC in order to claim tax benefits...
Dominic Balconi
How Many Units Can You Manage Yourself?
I see many landlords talking about why they do or don't use PM companies, and at what point them managing all of their properties themselves is no longer feasible.So, my question to all of you beautiful people is as f...
Jill Keller
Mortgage for LLC
Any recommendations on mortgage lenders for an LLC? Are all banks willing to lend to LLCs? Any considerations? Thanks!
Stephen Karathomas
Capital Region Meet Ups
Hey everyone, I'm Steve. Over the past 6 months I have been really researching and devoting myself to self improvement and learning. I am looking to keep growing, making myself better as well as other people. I am loc...
Daniel Rutherford
Handling Down Payment and Closing with LLC
I am closing soon on a property that I am financing. My plan is to do a quitclaim deed after closing to get it in my LLC's name. Obviously one thing I want to be sure of from a legal standpoint is making sure I am t...
Wendy Gomez
PAY OFF DEBT OR INVEST
Hello everyone!I've been listening to bigger pockets for almost two years now and should have enrolled a long time ago but I've been scared I don't even know why.I've been on a reading overdose for the past two years ...
Nicholas Armstrong
Young. New. Motivated... Seeking Sound Guidance! Birmingham, AL
Hey guys! I have recently found interest in REI, and I am seeking guidance during these first steps. When I say recently, I mean I read "Rich Dad, Poor Dad" two months ago. Since then, my life has consisted of BP foru...
Daniel Jewell
Pros and cons of quitting my current job.
Where I'm at currently I'm 24 years oldI make $27,000 a year working for Nova Community College I'm a W-2 employee.I've worked here for about 2 yearsI'm constantly learning new things about technology in robotics and ...
Adam Stroik
Screening Applicants...what would you do?
Greetings All,I have a SFR opening up in a couple months and started accepting applications. I had one applicant with a domestic abuse on his background check. The incident occurred almost 20 years ago. what are y...