I currently have $130k in equity in my first family home. It's a 3 bed and 1.5 bath about 2k sqft we bought 6 years ago. I am making a family room (addition on the back of the home with its own separate basement) int...
I'm wondering: if I do a Series LLC in a different state to hold multiple investment properties, and I reside in California, will I have to pay the California Nexus FTB Cost ($800 registering foreign entity) for each ...
Hello! This is my first Bigger Pockets post. We had a qualified renter apply to rent our home, and she emailed asking why we rejected her. She's surprised that she's having such a difficult time finding a place to ren...
Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
I'm new to BP, and new to focused renting and REI. However I'm decades into both residential and commercial rentals. Up until recently, it has been a sideline or ancillary to my normal business. We have some residenti...
I sent in a quit claim deed to the county to transfer two properties from my LLC to my personal name so that I can refinance with conventional financing. The county took a month to send it back because they didn't lik...
I searched for detailed information regarding this before posting, but was hoping for some more distinct answers. I have 8 units right now in Kansas under one LLC and have a W-2 job. I also have several friends (some ...
I own a fourplex in Oakland, my only property. FINALLY got a refi approved that will save me hundreds per month and extend my loan to 30 yrs vs 10 year arm. Times are hard enough with rents down and utilities up, but ...
Has anyone heard of or tried this program? I've been looking for private lenders for future rehab deals; I received Dunlap's newsletter touting this program of his.
I'd love to hear feedback on if anyone's tried it,...
Hello all,
I have a rental property bought with cash (no original financing) and owned under an LLC. I later refinanced it. My insurance policy has recently been discontinued and replaced with a similar policy (reall...