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I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
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When purchasing a vacant home with Subject To, how does getting the utilities turned back on work? Is it just a simple call to utility companies notifying them that you are the title holders now?
Also, are there any ...
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We own an 11 unit property that has had numerous issues with sewage backups since we bought it about 3 years ago. Place was empty when we bought it and in horrendous shape due terrible tenants and awful management co...
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As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...
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Hey guys. I just bought my first house, moved in last month. A couple of weeks ago, we had a very wet weekend and I noticed water stains in the baseboards of my finished basement. No French drains, no sump pumps. I’m ...
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Hey BP!! Closing on my first rental property, house hack, soon! I have a few questions about next steps. How should I introduce myself to the tenants? Should I send a letter, phone call, in person or all? What should ...
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I have recently talked to a motivated seller who received a piece of my direct mail. The numbers are tight, however, if I can work with the seller directly and he doesn't have to pay the realtors commission I belie...
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Hi
I just signed up to Biggerpockets and live in Simi Valley. Since I live in outside the LA area, investing locally is way out of reach. The idea of investing out of area is a bit scary, so turnkey looks ve...
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This is just a minor vent session but I got my first taste of real world landlord work this past weekend. And not the good kind. Not the "retire by 40 and travel the world" kind but more of the "your tenant will try a...
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Hi all,I am new to biggerpockets and eager to start building a portfolio of rental properties. I currently already own one rental property free and clear. So far with my one property, I have had a great property manag...