I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/161715/small_1621420345-avatar-umntccd.jpg?twic=v1/output=image&v=2)
I could use some advice. I am in the process of buying my first rental property. I just learned that the appraisal came in 10k under the asking price.
It's a turnkey deal so there's no room to renegotiate the price....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/124729/small_1621417978-avatar-nicholasmwhite.jpg?twic=v1/output=image&v=2)
So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
I'm a 29 year old American living in California (Silicon Valley) with $500k in cash.
Due to religious reasons, I cannot use leverage (i.e. bank loans), so my investments need to be all cash.
I need to invest this mo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2505813/small_1668876832-avatar-megans178.jpg?twic=v1/output=image&v=2)
Hi all, I'm preparing to establish an LLC for my property and future properties. What are the most favorable states in which to establish the LLC. I have read Wyoming, Nevada, Montana, south Dakota and Texas for vari...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/198388/small_1621432629-avatar-gm1885.jpg?twic=v1/output=image&v=2)
New Investor who will be purchasing their first multi-unit (2-4) this year. I had a question about my LLC. A little about my situation, I live in Denver but will be investing out of state in Dallas/Ft. Worth due to ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1556961/small_1681540667-avatar-robertp387.jpg?twic=v1/output=image&v=2)
If you were to get a BRRR that you could pull all of your money out and some but it didn't cashflow really, would you still keep it? I know this depends on goals, etc. But in the overview, you get a rental property wi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2241767/small_1630621503-avatar-jasont481.jpg?twic=v1/output=image&v=2)
I'm reading a lot about tenants and prospective tenants trying to skirt around "no pet" leases / rentals by claiming that they have "support animals" ..
I am in Virginia and wondering if anyone is familiar with how ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/457568/small_1621477528-avatar-aimeek3.jpg?twic=v1/output=image&v=2)
I just read an article that made a recommendation that I found weird and not a good idea, and want to get an outside opinion. When your tenant has been consistently late in rent and is clearly in danger of eventually ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/243725/small_1621435762-avatar-ndy.jpg?twic=v1/output=image&v=2)
Hello BP Nation,I have asked and been asked this question over and over again by friends. I know different people have different opinions on this and in this post, I wish to generate those opinions by briefly stating ...