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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...
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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...
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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 ...
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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...
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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...
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(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. ...
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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...
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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...