We are in the process of closing our first deal and shopping insurance providers for the property. We have some agents giving us a policy that includes the structure and $300k of liability coverage. On the other han...
Hey, biggerpockets nation. We are just getting started and were curious if we needed to form an LLC or other business entity first? Or do we just need to jump off the cliff and figure out how to fly along the way... A...
Hi Everyone!I currently assist clients who provide business professionals and corporate employees with short-term rental accommodations via the rental arbitrage model. I have been quite successful, but the job keeps m...
I am strongly considering purchasing 1/2 acre of land w/ an existing structure on it. The value is in the land. The strategy I am considering is to tear down the existing structure and rebuild w/ a 4 unit complex. ...
Hello BP,My background is in self storage (operations, development, acquisitions) but it’s been a while since I’ve been on the acquisitions side of things. My experience is at the corporate level so I’m hoping that y...
I've been asked to buy someones house who may lose to bank due to divorce. They want me to buy and lease to them for a year to rebuild credit and sell back to them. Looking for ideas to structure this as well as cos...
Ok so without even knowing I did so, I bought my primary residence a specifically the right time. 3/2.5 with 2 car garage 1600sq/f. Under current market conditions, my home has nearly doubled in value from time of pur...
I have identified a great short term rental house in Helotes, TX. This would be my first short term rental property, however I do own three long term rental properties.
I could probably finance this deal on my own, ...
I have multi unit properties and have recently aquired a single family for the first time. It is now ready for rent. My question is how different is the lease for a single family home compared to a multi unit apartmen...
Morning All,Branching off a previous thread (linked below), consideration of a multi-family strategy has come around again. Not my current focus (SFR), due to a few primary reasons:Higher transience = more issuesLower...