So I think it's best I start an LLC for my vacation rental. It's doing much better than expected and I want to protect myself. I have no idea how this works. In fact I heard on a podcast where a guy started an LLC aft...
Hey (first post here) I’m closing on a property that will be used as a vacation rental. However the previous owner had a long term tenant in the property. I have just received their contact information and I need to l...
Trying to decide if it's time to incorporate as an llc. Share accounts when having an LLc has worked to your benefit. Moments when you said, "soooo glad I incorporated!"Thanks!
Hello BP!I wanted to reach out and share my current wholesale process I've been building to perhaps help another wholesaler or investor. And if someone can offer advice or tips, that would be great too! 1.Getting Lead...
So I recently purchased another rental property (3bed, 2bth, built 2003, ~1300sqft). I purchased it for cash for $68K (tenant occupied, will get to this later). I put about ~$3k into the rehab and about 2-3 weeks star...
I'm interested in interviewing a property manager or management company. Seeking various questions to make sure I cover all basis before I turn my properties over to them.
Hi Guys,I have a Section 8 tenant who I fear may over stay past their lease. I'm looking for contingency strategies on how to manage the situation. But first the background:- Acquired 3 Flat Building in Cook County F...
Hola - rookie investor here. I own a condo in Miami that is under a Florida LLC (I used to live in FL). I am looking to buy a property in Tennessee or Arkansas. Is it better to open an LLC in the state where the prope...
Hello BiggerPockets Community!I have a property that I purchased in LA county that has a ~12,500 sq/ft of flat land (12,500 Sq ft lot) with one existing primary residence (1200 Sq/Ft)I hired a architect to design an A...
I'm contemplating selling a SFH I have in Michigan and using the money to put down on larger/additional properties. I have checked out a few of the turnkey providers that post on here and see CAP rates listed betwe...