Hi All - A general question on having LLC. I am planning to add my properties into LLC not as for Accounting reasons but more like having added security b/w myself and tenant(s). Is this a good valid reason? Should...
Hey everyone,So I've been in the Hampton Roads area a little over 3 months now, and I'm in the process of closing on my second rental property in which I was the highest bidder on auction.com. This is a little risky o...
Hello everyone! I'm new and just sent off my first batch of yellow letters for multi- family units. I've just got a response from a motivated seller that's in a very nice upscale state. She's looking to sell or even p...
Hello BP: I am currently living in Sublimity Oregon and working out of Salem. I have been in the US Army for the last 17 years and am currently working in the Recruiting Command. I am looking to learn as much as I ca...
Hello fellow BP'ers! I'm seeking some advice for living in the same building as my tenants. Next year in the spring, I plan to purchase a multifamily home, and I'm trying to think of ways to convince my possible tenan...
I'm not sure if they think I'm crazy or determined. I submitted an offer for a property that I knew would be declined because it was low but worth a shot. The banks agent came back and said 130k FIRM! I wasn't happ...
Hello biggerpockets.com community. My name is Ricky Wallace and I am fairly new to the site. Currently I am a full time police officer out of the Lubbock Texas area. I hope to read a lot of information on this site an...
Hi all,I'm looking for advice regarding a fourplex property I'm looking into buying. Financially, the purchase makes sense. That is to say it cash flows roughly $800 per month after expenses that I would be able to ap...
Hi, I am a newbie here. After I have been researching and reading a few books on RE investment, I have refined my strategy would be house hacking fourplexes with FHA loan. However, looking at the price in the San Fran...
Hi all, I'm new to REI and looking to start off by househacking my first property. I have lived in Philadelphia my whole life and plan to invest here. I graduated with a degree in business, but recently switched into ...