11 November 2025 | 2 replies
When you start utilities on the properties just purchased for STR purpose under an individual name but will be transferred to an LLC soon, is that better to wait the LLC to be done first then start the services, or turn them on as soon as possible to reduce the downtime to get ready and change the ownership to an LLC for the utility companies?
17 November 2025 | 5 replies
Three questions:
Say I'm living in my quadplex and I buy washers and dryers for all four units. Am I only able to write off 3 of those new washers and dryers because one is going to my primary residence?
Say I'm b...
18 November 2025 | 13 replies
The way it works is that you set up a Series LLC, then you setup individual "Series" or "Cells" under the series LLC for each property.
19 November 2025 | 0 replies
I'm not just talking about underwriters here, but every single role on our team.I believe that underwriting requires a certain skill set and mindset, often attracting individuals with an analytical and detail-oriented nature.
19 November 2025 | 7 replies
They are a large company that has buying power and a network of contractors realtors and others to do the work. the owner, Zach also here on BiggerPockets and has a stellar reputation for customer serviceFor cons - people will view some companies in a negative light because of this, but the reality is the individual who is thinking negatively is typically inexperienced and doesn't understand the businessbut....this is a reality as someone who has been in this space for almost 30 years.Contractors realtors, and others one day could be an A player and do great work.
20 November 2025 | 6 replies
Once they transferred the home into an LLC taxed as an S-corp or partnership they broke 121 rules.Section 121 only applies when the individuals own and sell the home.
20 November 2025 | 3 replies
Setting up a new LLC for each flipping project is a common approach to limit liability, but as you mentioned, it can get tricky with all the bank accounts and bookkeeping.One option to simplify things is to set up a holding company (LLC or C-Corp) to own the individual LLCs for each project.
20 November 2025 | 0 replies
Ideally, I’d love referrals for people who:Communicate well with long-distance owners.Give transparent, reasonable pricing.Are comfortable sending photos/video updates.Deliver quality work without inflated “investor pricing”.I’m open to individual contractors or full GC teams.
19 November 2025 | 6 replies
Quote from @Lars Hartvig Kristiansen: I have recently bought my first two properties in MI and have been fortunate enough to have found a team that, while largely separate individuals they all know each other and work together.
16 November 2025 | 1 reply
We're looking to revamp our investor tools for 2026 and are curious on which sites individual investors prefer to use to shop for properties?