If you’re thinking aboutinvesting in a rental property, you shouldpay cash for the home. If you’re not in the position to put 100% down, don’t buy the house. It’s that simple. Don’t count on rent from a roommate or tenants to cover the mortgage.Wait until you have the money...
I currently own an LLC for my bounce house rental business, and I’m currently in the process of opening a Restaurant/Food Truck. Will it be wise to start a separate LLC for the restaurant or will it be ok to do it as a DBA under my first LLC? If i do make a DBA for the res...
I just recently bought a house in Tennessee and I live in California. I want to build my real estate portfolio and begin to have houses all across the state of Tennessee. My questions include: 1. Should I form my LLC in the state of Tennessee where my rental property is located? or ...
These are the steps that you need to take but I did have a situation number of years back where I had a family where the husband had dementia. He was the one that kind of managed the money but he had given away a good chunk of change to scamme...
Furthermore, it's about to get pricier. Although the Government announced this week that the introduction of Home Information Packs (HIPs) is to be delayed, the launch has only been put back two months. Come 1 August, anyone selling a home with four bedrooms or more will have to provide...
House Hacking 101: A Young Investor’s Guide By Derek Gales The dream of financial freedom is what most real estate investors are after. For a lot of young.. 8 Steps To Investing In Long Term Rental Properties By Jason Kolodziej Investors have been talking about the pros and cons of ...
We bought this house in 2012–for the lowest purchase price per square foot for that buying season in Cambridge–and happily lived there for four years. This home was purchased with the intention of one day translating into a rental after we pursued our ultimate dream of moving to a ...
How to put your search for motivated sellers and eager buyers on automatic pilot. How to use "pretty" words in your ads to increase response. For example, a "nice" home is okay, but an "immaculate" home is infinitely better. You will learn how to hold the perfect open house, and hav...
The best ways to invest $10,000 include funding a 401(k) or opening and funding an IRA or brokerage account. Learn more about those options.
Have you heard the story about the tenant who deliberately threw maggots down the stairs to the tenant below? Or how about the tenant who moved 15 children into an 800-square-foot house? These stories are not fiction; they are true stories taken from actual BiggerPockets members and just a...