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24 January 2025 | 2 replies
@Melissa Sejour The search function shows many have used itReviews are positive examplehttps://www.biggerpockets.com/forums/49/topics/310282-busine...
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31 January 2025 | 6 replies
Because you are not changing the tax return that reports the activity of the property.But... the IRS holds the position that Husband/wife LLCs can only be disregarded in community property states.
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13 February 2025 | 13 replies
Connect with a housing coordinator if that position is available in your area and stay in contact with that person.
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31 January 2025 | 22 replies
They have had nothing but positive things to say.
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23 January 2025 | 5 replies
But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.
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5 February 2025 | 10 replies
I found myself in a similar position to you about 10 years ago.
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3 February 2025 | 47 replies
I could tell you to invest in Milwaukee, you can still find cash flow positive duplexes here in good neighborhoods around 350k and we have had very consistent 8% appreciation over the last years.
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4 February 2025 | 87 replies
And I still coach, and people still lend me money on my deals, but I thought there would be a market for people that wanted more of an equity position by doing this model rather than just the debt position by getting a 10 to 12% return in second position.
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11 February 2025 | 167 replies
But I first have to positively identify the person with a certain transaction.
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4 February 2025 | 13 replies
Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!