Nicholas Polson
Property management out of state
Hi! My name is Nick, and I am planning on buying my first rental property before I graduate from college. I ran into a little snag, and I would like to get some input from the Biggerpockets community.For the next 5 ye...
Alex Cardaniuc
Managing friend's property
Hi, everyone; I'm looking for some general advice and resources on best practices for managing a property for someone else. I own three single-family houses that I rent, and I've been managing them myself since I acqu...
Henrik Arnroed
New member planning on first purchase by Q4
Hi BP.I have been stalking the forums for a bit, reading books, listening to podcasts and educating myself over the past year.I am Danish and came to the US (SF/LA) for love - got divorced but stayed for the adventure...
Shawn Couch
LEGAL Notifications after acquiring a tax line certificate
Hello fellow tax lien BP'ers.I bought a few certificates last year at a sale in indiana. These were lower end properties that has all basically been abandoned, but most were in decent condition. Well, one was a part...
Kory Santaella
Rental Title to LLC?
Hey Everyone,I have recently created an LLC for my rental portfolio. Does anyone have experience transferring a rental property to an LLC from their personal name? I'm assuming you would need to seek a whole new loa...
Aaron Wyssmann
What do I need to start my own agency
Here in the state of Missouri you can become a broker after practicing as an agent for two years. My question is more in preparation of getting my brokers license.
What sort of things, expenses, etc must I have or d...
Cathy Malmrose
Took possession, sellers haven't moved
My son bought his first home, $400k, and took possession, but the Sellers asked for another week to move. For some reason the realtor didn't suggest a lease back to cover this time period so now my son "owns" a house ...
Joe Splitrock
Downtown Real Estate Values Destroyed
What are the long term effects going to be of the arson, looting and vandalism in downtown areas across America? Businesses were already in financial trouble. Now struggling businesses received the final blow. What ef...
Ian Thomas
Importance of getting an LLC
I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
Tania Reuben
STR Accounting IRS Structure Question
We're planning to STR a cottage on our personal property.My question is from a structure standpoint, can we rent the cottage through one of our corporations, or do we rent it personally. I know one other family that ...