Lindsay G.
Putting property in an LLC
I have a question. I want to put my rental in an LLC. What exactly is the process for that? Do I need to involve my real estate attorney? I have an LLC for consulting. Can I put it in that or do I have to create an LL...
Neil Narayan
Another global IT giant eats up space at growing North Austin
Tata Consultancy Service leased 44,051 sq ft in May in the Parmer 4.2 building in North Austin
https://www.bizjournals.com/austin/news/2020/07/29/tata-consultancy-lease-parmer-austin.html
Chris Sullivan
New investor / Business Entity
I’m new to investing and trying to gain as much knowledge as possible before going into my first deal. My question is, is it recommended to have a business Entity established before starting your first deal? If so whi...
Sean Robertson
LLC to run your rentals through ?
New to BP. While networking I meet a realtor that said he started a LLC to run all of his long term rentals though. Any thoughts on this? Would it be wise to do for short term rentals as well?
Thanks
Brian Wong
Avengers Assemble...? (FHA 203k Bronx Multifamily Gut Rehab)
INTRO/BACKGROUND:
Hi! My name is Brian and I'm a real estate newbie. Or well, I've been lurking Bigger Pockets as a way to educate myself for a while now and am only starting to dip my toes into the waters of real es...
Hany Morsy
Found an old lien on property bought from Upset Tax Sale
Hi, i bought a property in LEHIGH COUNTY PA , Sep 2019 , and later on found out there is old lien ( Mortgage ) open not paid off on previouse owner for amount of 81K i'm living in the property over 2 years now and no ...
Samuel Kowalsky
Depreciation vs expenses percentages - rental use
As I work through some of the IRS worksheets, I am wondering whether it is normal that there is a difference in the fraction of depreciation one takes on a rental property that was only rented for part of the year, an...
Maricruz Romero
Long distance investing - Legal Structure
Hi BP,For those doing out of state investing, where have you incorporated your LLC? Have you chosen your home state or the state you plan to invest in or another state with favorable corporate law (i.e Delaware)?Also ...
Craig Chrzanowski
203k loans, some questions?
Hello all,
I've found a house I believe could work with a 203k type of loan. its is government owned but in a nice suburb with good bones, a newer roof and seems like asolid starting point. It's Large two family that...
Clayton Hepler
FHA 203K Loan. Help! Pros needed.
I purchased a triplex AS IS with a FHA 203K loan in July with the intention of house hacking it, then disaster hit.My numbers are the following:202,000 Purchase price.107,000 Construction budget (left).340,000 ARVLast...