Hi, I recently updated a rental property using a non licensed guy. He ended up not hooking up the fire alarms, and there is a tenant in there! I am kind of at risk so obviously I need to get those hooked up. My questi...
Hello,I am thinking about buying some SFH rental properties in the Midwest. I live in Florida. If I buy houses in Michigan, for example, do I have to pay state income tax in Michigan, even though I don't live in Mic...
Hi Guys, I am looking to buy a condo to rent it out while i am renting my self, this seems to be a odd thing. but I want to build my equity while i could accumulate to buy a house for my self. I am concerned about th...
TWIN CITIES METRO:The Best of Times May Be NowLocal industry observers agree: the Twin Cities rental market is humming along smoothly with all the usual health indicators still flashing go. High rental and investor d...
Hey BP Fam, do you remember your first 10 rental properties? As a newbie REI, I would love to hear more about your experiences starting out. I've set a 10 year goal for myself to acquire 50 rental units. As a shorter ...
Hi guys,Hope you can help me here. We are buying a portfolio with 50 rental properties in Macon, GA. That's an hour from Atlanta.- PP $1.3MM- 100% occupied- $28.7k/mo gross rent- $9.5k/mo expenses- NOI 230k- 18% CAP (...
Hello -- I am just putting an answer I found in Quora.com for the benefit of biggerpockets members. Someone asked a question "Real Estate Investing: Is owning a rental property worth the headache?" and someone replied...
Hi Everyone,
We are looking to buy a property for rental and it's great except the seller obtained a solar panel from Solar City (SC) through a lease. The seller discounted the price of house a bit but asked us to tr...
Hello
I'm brand new to real estate investing. I am a partner in a business that has a very strong monthly cash flow and I'm looking to use that cash to acquire multi unit rentals. The main issue I have is my lack of ...
I was wondering if anyone could recommend how I should go about setting up an LLC for a rental property I have. I will also be purchasing more property to hold and also to flip.
My wife and I are doing this togeth...