William R.
Bats
A bat got into one of my units. The tenant wants me to have the bat tested for rabies. I plan to go remove the bat and seal up any possible points of entry. Is the testing of the bat something that could be covered ...
Manoj N.
Tax advantage in negative cash flow property
I am planning to buy a rental property in Boulder, CO. The property will result in slightly (about -$500 annual) negative cashflow after considering all usual costs (P&I, HOA, Repair etc). However, if I buy this p...
Ekow Essel
Operating Agreement Approach
Hi everyone,
I'm in the nascent stages of establishing an LLC with my partners (4 in total), and am curious if your experience recommends we draft one ourselves or we rely on legal counsel to draft? I've seen some e...
N/A N/A
Transfer properties to LLC
I have five rental properties that I want to transfer to an LLC. While the transfer process seems to be easy enough, I am having problems with the insurance and mortgage companies.Both have told me that they would dro...
Paul Newman
1% deal crushed by 6% interest rates?
So I bought a run down property for about 120K put 60K in, it's worth 225K. I have a renter for 1700. I'm not great with the BRRRR tool on the site here, but if I'm doing it right, 5% refi means I'm fine and 6% means ...
Nathan Shankles
Can an LLC get a traditional 30 year mortgage like an individual?
To potential partners approached me about joining them and establishing an LLC to Byam whole rental properties. My question about buying and holding properties in LLC is can we get a traditional 30 year mortgage in an...
Justin C.
Hello from a new investor in Dallas!
Hello Dallas forum members!Having been a long-time reader but first-time poster, I'm writing to introduce myself: I'm Justin, and I live in the medical district area of Dallas near Uptown. I came across BiggerPockets...
Anthony Swain
Things I've learned as a house hacker so far...
Hey house hacking peeps, I wanted to share some of the biggest lessons I've learned so far with my wife and I's duplex house hack. 1) Finding the right property is VERY important for a house hack. In our situation, th...
Philip Young
Investing due diligence and what consults, tests, should be done
I'm a new investor with a primary and 2 investment properties: a 6 bedroom and a condo. I'm looking to do much more investing. I wanted to know what tests, consults, surveys and other due diligence items to run to ful...
Daniel Sabato
Should an LLC be a no brainer?
Hey guys I wanted to hear some opinions on whether I should consider putting my properties into an LLC, or numerous LLCs? I invest remotely using a property manager in Saint Louis & I am looking for every measure ...