Keith Miller
First property purchase as an LLC vs. Personal?
My Mother and I have partnered to create an LLC to begin our real estate portfolio that we intend to slowly scale. Our basic criteria includes side by side duplexes that create at least 1% combined rental income on t...
Devin Bobulski
Risks by second lien when first lien has foreclosed on home
Thanks in advance for the advice.
There's a home that is close to my primary residence in Wisconsin where Wells Fargo has foreclosed on the first lien. The sheriff's sale has been delayed over the past 6 months and l...
Janelle Carlson
Vacant Units Going Into Holiday Season
Looking for additional advice on getting my vacant units rented out before the holidays. Here is a quick backstory: College town, not a super-fast moving rental market, but have had 4 units on the market since July wi...
Cameron Riley
Best way to communicate w tenants: App or Cell phone number? HELP
Thinking of changing all my communications over to an APP ( wire or telegram ) I want to be engaged but also more organized and more professional ... Advice and opinions are needed! NO SPAM/NO HATE. Discussions and po...
Zachary Bellin
Need To cash out refi ASAP but can’t prove income
Hey Bigger Pockets,I’ve been flipping for about 2 years and have been doing some retail real estate sales as an an agent part time to pay the bills. February last year I bought my first home as a flip and have since f...
Jesse Wolf
4-Plex house hack - IRR too good?
Hi BP, I've been learning more and more and I feel like I'm ready to take on my first house hack of a 4 plex.I've done some napkin math and can't really see how I'd go wrong, even with an economic crash and having a...
Owen Dashner
BRRRR - Capital Gains on Excess Funds Borrowed Over Basis
I'd like feedback on a BRRRR scenario from folks who are in the know about taxes related to capital gains. Let's say you buy a property for cash in an LLC, taxed as a partnership (you have a 50/50 partner). It is bo...
Edward R.
Tenant disputing Sec. Deposit charges - time limit they can?
My property is a fully furnished house; I do short term rentals only in NYS.
I had 3 guys in there for a 2 month lease in late October (company paid for). 18 days into their lease I discovered pot and smoking goin...
Shai Knight-Winnig
Investor Down Payments and Rates for Multiple Mortgages
I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
Tyler Jordison
FHA Mortgage Insurance
Hello BP, I am getting ever closer to house hacking my first small multi on an FHA loan and have a quick question - We plan on buying with an FHA 3.5% loan, 30 year. I know this comes with two mortgage insurance premi...