Does anyone have suggestions of best business type for owner occupied rental building in Illinois? Like S Corp, LLC, etc. I would like to protect myself in case of any legal issues and/or have a business deduction fro...
Hey all, looking to hear from people who have structured a private loan as a line of credit. The main question is...how did you structure it so that it made sense for both the borrower and the lender?The benefit of an...
I'm new to this forum (and Biller Pockets) but not new to renting properties. I've never had more than 1 at a time but haven't really leaned in to make it a primary business for a way to eventually replace my current ...
Hello BP fam! I am a new member and new home owner. I bought a 3B1B looking for clear advise on how to go about renting out the rooms and what to look out for?! I found the house hacking idea off of Bigger Pockets and...
Im new to larger apartments. I’m looking at a 8 unit building with $5100 month in rents. Building is in reasonable shape and units have various amount of updates Overall decent building in rural and safe area. Own...
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Hello all. I just wanted to introduce myself and hi. I am located in Indianapolis, IN. I am completely new to the forums and real estate investing in general. I would really like to start off with a few rental propert...
(TL,DR) Searching for an exit strategy/buyout options on real estate investment involving 2 couples - each with kids as heirs. I'm hoping someone here has a similar scenario, or can provide some input to this deal. ...
Hey guys,I am looking for advice regarding payment automatization vs old school checks. Here is the story.I recently acquired a small storage facility (34 units) in Carson, WA (40 mins from Portland). It has been work...
Hello,
Relative has a stand alone NN property (drug store - national tenant) and lease is currently being renegotiated. I am in a small market - central NY. No growth. Believe store to be reasonably good p...