Andrew Larson
Transferring My Rental House to a Single Member LLC??
With respect to the deed, I already understand that I need to Quitclaim the property to the Single Member LLC. My question is about the associated mortgage -- how do I transfer the mortgage to the LLC? Whenever I ta...
Gina Baker
Applying for an LLC when owning properties in multiple states?
I currently own a buy and hold rental in Baltimore, and plan to relocate my primary residence to the DFW area. Once I settle in, I plan to purchase another buy and hold rental in TX. In which state should I file for...
Josh Teunissen
Desirable today...but tomorrow?
I purchased a duplex built in 1989. It's my first home/investment. Its in an area that today people generally want to live, the other homes are kept in nice condition and new homes are still being built only a few str...
Tyler Blodgett
All Cash Deal with Mortgage Soon After vs Mortgage Upfront
I am new to this, so I hope I am doing this right... I feel like most people start their discussions with a brief intro, so I figure I will do the same... I believe I am in a unique situation, and am primed to jump i...
Jamie C.
How much to increase rent in Denver
Going through my first lease renewal process on two low(ish)-end properties in Lakewood and west Denver, a condo and a townhome. I have the obvious goal: keep what have been fairly good tenants, to avoid turnover and ...
Curtis H.
How to boost credit before applying for a loan...
Hello all, I just went through this personally so I thought I would share it for anyone else who might benefit. I don't get anything out of this besides knowing it helped someone else. I had good credit but I wanted E...
John Anderson
Should I wait until 2023 to build an ADU?
Hi all,Looking to build an ADU behind a single family house in the South Bay. I had a bunch of GCs provide quotes back when money was free in 2021 and lumber prices were through the roof. Decided to pull back because...
Mindy Jensen
Section 199A: Legally Avoid Taxes on the Last 20% of Income???
My friend, The Mad Fientist (guest on BiggerPockets Money Episode 18) is a huge fan of legal tax avoidance.His accountant asked for a tshirt from him, and in exchange, he got an article about "the most exciting new t...
Dylan S.
House Hacking in Orange County, CA - First Real Estate Deal
Hi Everyone - I've been looking to do a house hack for a while as my first real estate deal. I'm 24 and have taken the last few years since I graduated college to get a job, save for my first investment property, and ...
Karin Crompton
Business LOC - does a newbie have a chance?
Hello - a friend suggested tonight that my business partner and I apply for a Business LOC with a local bank and is connecting me with a person there to speak with. I'm concerned, however, about whether we have a chan...