Kenneth Joseph Perfido
Creating LLC in a new state
29 January 2025 | 2 replies
Registering as a foreign LLC allows you to maintain continuity with your existing business structure, branding, and EIN while operating legally in the new state.
Kevin Connauton
Searching for a Property Manager for my Rent by the Room Property.
29 January 2025 | 6 replies
Personally, I self manage but have built systems to allow it to be fully remote and very passive.
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
This will allow you to take on bigger deals with your cash on hand.LTC is a ratio with the potential to limit your loan amount.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
You already seemed to conclude you are forcing this deal, I would agree unless there's a reason why this property will appreciate significantly in the near future and the 40 year amortization schedule allows you to hold on for that to occur.
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
23 January 2025 | 15 replies
A mix of short- and long-term strategies could hedge against market shifts.Borrowing allows you to scale faster, especially if you can secure favorable terms.
Marc Shin
Changing my primary mortgage to a HELOC
30 December 2024 | 5 replies
With the bank distress that's likely about to surface, we'll prob see a lot more of this soon.
Andy Moffit
Voracious learner looking to build a winning team
27 January 2025 | 3 replies
I admit having some trouble searching for team members in the forum so hopefully BP guidelines will allow user referrals or intros.
Gary Green
Suggestions for saving for first investment property
25 January 2025 | 1 reply
Depending on how long it takes you to save up the amount, you might want to also allow for inflation on that amount for your continued savings.[2] Read Rich Dad poor dad.[3] Think about getting a second job - possibly a temporary job - save a 100% of the money.Just my 2 cents.
Ryan Fitzgerald
Hello BiggerPockets! New PRO here
25 January 2025 | 2 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
29 January 2025 | 5 replies
I guess I could do some work-arounds -- maybe reserve one unit in the first purchase for use as an AirBnb, and reserve my own time in it when needed - instead of claiming it as a primary.Are either of you (or anyone) familiar with a finance product/loan that will allow me to purchase under $150,000 (w/ strong credit) and do much of my own work and live-in a portion as a primary residence?