Gabriella Nataldie
Need Advice: Should I Invest in this Property with Limited Savings?
Hey everyone,
I could really use some guidance on a property investment decision I'm facing. Recently, I came across a 4-plex in Florence AL listed at $310k. The current rents are $600 per unit, and the seller mentio...
Peter Sanchez
Amazing (in a bad way) TV show about landlording in the UK
If you have Netflix, check out "Nightmare Tenants, Slum Landlords". It's amazing, and not in a good way. It reminds me of some of the eviction horror stories I've heard about in extremely pro-tenant jurisdictions li...
John Hixon
Which would you choose?
Subject Property: ARV $120,000. Purhcase price: $75,000. Rehab: $18,000
Lender A: 9.99% w/ 3 points, loan is 70% of ARV . Requires standard closing costs plus $35,200 cash reserves to close deal.
...
Dax Kirkwood
Portland Oregon CPA Recommendations?
I am looking for any recommendations for CPA's with a background in REI. I don't know if this is akin to asking for someones favorite fishing spot or not, but I would greatly appreciate any thoughts/references.
Dan Schwartz
"RECENT CASES INVOLVING LLCS"
Here is a report out of Baylor University (yes, it's almost 10 years old) that has nearly 100 pages of court decisions regarding various aspects of LLC law. Remember that LLC law varies by state, but after endless di...
Jerry Akop
Single memebr LLC or add my wife?
I want to do an LLC on my properties. Cpa says its worth to add my wife on it to have its own tax preparing. Most i know do single person llc. What do you guys recommend ?
Walter Duncan
Reusing Granite Counter Tops
Hey there smarter people. I have a single family rental home and the laminate kitchen counters need to be replaced. My neighbor is replacing her like new granite tops, and I get to keep the old granite if I want. I...
Justin R.
Muti State Business Structure
Ok, We have all heard "The most common question in Biggerpockets" a thousand times. "Should I start an LLC?" Ok the decisions has been made to go forth with creating an entity. How have other successful investors set ...
Michael Peralta
Pre-approved and Afraid
Hi BP Community,I just been pre-approved for 250-275K and I am afraid of investing in the wrong property (and being out the "game")I am looking for a multi-fam home (owner occupied) that I could obtain decent rental i...
Peter Morrissey
Section 8 Shorter Lease
Does anyone know if it is possible to offer a lease less than 12 months or, month to month with this program?I have a special situation that this might help.Thanks,Pete M.