Patrick Murtagh
Looking to connect with other young investors!
27 October 2021 | 7 replies
You’ll find plenty of friendly, knowledgeable people willing to respond to your postsI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alertsThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides
Craig Comstock
Has anyone started an LLC for flipping houses?
8 November 2021 | 5 replies
@Craig ComstockLLC's can potentially provide tax relief by self-employment tax savings if selected to be taxed as an S-corp.However, be mindful that the tax savings comes with additional administrative tax burdens - S-corp tax return / payroll tax return.
Bill Alpert
Can You Self-Manage a Property That's 4 Hours Away?
26 October 2021 | 5 replies
I've owned distant rental homes for years, and have had mostly good success with local property managers. However in this case, I have a feeling finding a new manager is going to be difficult and so I'm wondering if t...
Chan Park
My fairly new tenant CAN'T PAY rent
18 January 2022 | 20 replies
Additionally, self employed people get a lot more scrutiny as their information is difficult to verify and ability to collect on defaults is low.
Jeff Johnson
Possible 4 Unit Deal Advise
26 October 2021 | 3 replies
Here is my quick math for self managed. 45600 gross-4560 vacancy-2600 taxes-3000 insurance-4000 cap ex-2000 repairs29440 NOI, 9.2%Debt:80k down, 240 mortgage-15456 debt service 13984 cash, 17.4% ROI + debt pay down You could do a lot worse.
Jose Valdez
Choosing investing location
28 October 2021 | 8 replies
Will you self manage or use a PM?
Marlene Davis-Burke
New real estate investor
28 October 2021 | 12 replies
This is a great forum with very knowledgeable members that will help to guide you in the right direction.I really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alertsThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides
Nicholas Chagnon
Diversifying with Real Estate and Stock Portfolio
27 October 2021 | 7 replies
I like to flip, I like to BRRRR, fix and hold no refi, I like Airbnb, I like self-storage, I like mixed use, commercial, wholetails.
Matt Ferguson
Become My Own RE Agent
29 October 2021 | 3 replies
It is relatively easy to find a firm that you can hang your license with but you will want to ask specifically about self-representation.
Tyler Davis
Hands off property management
26 October 2021 | 3 replies
I would like to add a contractor lock box to the rental property and send the code to the approved prospective tenants as well as a time to look at it(self showing).