Quick Summary: I bought my first condo to live in, and eventually rent. Read the R&R, everything looked fine. President of the HOA is making it sound like I need to get a permission slip for interior improvements,...
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BP, I am about to take the first steps to becoming a landlord. So far.... I have established an LLC with my father and analyzed every property that has been posted on Zillow in the last 3 months. I am also working my ...
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Hi,Wife and I are trying to do an LLC for our one property. Questions...1. If we rent it first, and then start an LLC, does that mean we have to redo the paperwork with the renter later?2. Trying to use Legal Zoom.....
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When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...
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After spending a few years investing out of state in long term rentals, I realized that I would have to accumulate up to 100+ houses at the infamous “$100/door” target to completely decrease my dependance on my W-2 in...
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Hey Everyone!!!! My name is Joe, I'm new here to the BiggerPockets Community and SUPER EXCITED to be here. This is my first post to introduce myself and share a few things about me like: Where I'm from, a few detail a...
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Hi everyone,Hope you all are having an amazing weekend. My wife and I saw a multi unit that we really liked today. Biggest problem is that the basement unit is not legal. I did some research and think it’s pretty clos...
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My father passed away in April of 2017. My 2 brothers and I were not interested in taking ownership of the home because even though he owned it outright in 2015 he ended up with another mortgage on the home when he pa...
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This is the story of my first steps as a real estate investor and some of the challenges I faced. I'm writing this in hopes that other's will take control of their future and dreams instead of letting their past or wh...
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Hello! So, I've been running my dad's company for the last 3 years...but it's not my passion, I have been dreaming about Real Estate Investing for as long as I can remember and I'm DONE just dreaming, it's time for a...