Good afternoon BP! I am currently in search of my third property and currently found a property that has tenants in place until the end of January 2023. Its a Multifamily (2 fam) that I intend to move into once of tho...
Hello all, Just bought a property with a partner and both of side of the partnership want to be able to use the property 5-10 days a year. We have discussed not booking on prime hiolidays etc but interested in how peo...
Hello everyone, I have been researching into wholesaling and can't seem to find a good progressive guide on how to go about this. I have been trying to go through youtube and biggerpockets and seem to have a good broa...
I found out about Bigger Pockets 3weeks ago... now I'm in a purchase contract for my first duplex in Wilmington, NC. I've listened to a lot of podcasts, read a lot of forms, read several books about investing and rea...
When combining funds with another IRA for an investment such as being a lender/co-lender for the purchase of property, do funds have to be distributed back to the IRA based on the percentage of money invested or can i...
I am purchasing a commercial property that is being managed by PM. He is charging 6 % of gross rent for managing the property.Upon reviewing the current P & L statement, I saw a fee call "residual fee", I have ne...
Hello,
I just introduced myself in the new member area so this is my first official post!
My first “investment” in real estate is underway and it is quite unique. My father owns an apartment complex and he gav...
Hey BP, Have any of you used gap funding for your flips to cover the closings costs so you can scale and do more at a time or what are you doing? I can do about 2 at a time but the closing costs and budget overages k...
I am new to investing and came across the oppurtunity to bring in a private money lender on my side to go in a fix and flip.the numbers were:purchase price- 155,000repairs- 25,000arv- 250,000misc- 5,0005 percent for c...
Hey BP!I am a new real estate investor about to close on my first rental property in Metro Detroit! I also have a couple other deals in the pipeline, so I want to make sure I have the partnership structure that will b...