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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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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...
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Had a very bad experience yesterday and not being tech savvy cost me $439.
They say a sucker is born everyday but I must admit this was a great con job, if in fact this was a con.
I came home yesterday ...
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Hey BP! Ive had my first rental property up for rent for a week and I'm going through my second application screening. The tennant's background and credit check passes and all minimum requirements are met. He was relo...
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Well now it's getting real. Put an offer on a house in Prescott, AZ (red hot market like so many others right now). My intention is to go Short Term Rental via VRBO or similar. I have to makes some decisions in a sh...