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Results (10,000+)
Henry Hsieh Out of state investing
7 May 2024 | 19 replies
I am looking for someone who can teach me/be a resource for estimating and conducting rehabs, partnerships, and evaluating deals in this market.  
Zach Knoll Multifamily Is A Team Sport
7 May 2024 | 8 replies
.🔍 Due Diligence: A strong team conducts thorough due diligence, leaving no stone unturned.
Dennis Santa Paula Calling on unhappy investors w/ ABC Capital Investments Jay Walsh
6 May 2024 | 10 replies
If the deals were so good then why would they need to sell why not raise money in a fund… @Chris I think there was no real intention to conduct business in an ethical manner, Jason Walsh rather laid the foundation to use RE to produce a pretty large Ponzi scheme and I think we all know how those end. 
Austin Tam Calling All ABC Capital Investors: Updates on Investments
6 May 2024 | 23 replies
ABC Baltimore said they would conduct their own second appraisal (per contract ABC Baltimore had the right to conduct second appraisal).
Shannon Garst Need advise on setting up an LLC
7 May 2024 | 13 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.
Matthew Jones Newbie with Roof/Insurance problem!
9 May 2024 | 28 replies
they usually have an inspection thats conducted .
Samuel Guan Seeking Advice: Tenant Wants to Terminate Lease Due to Mold Issue
6 May 2024 | 11 replies
The plan is to conduct mold inspection and remediation after the tenant moves out and then re-rent the property.
Amy Davidson Tampa -- BuildBlock Insulating Concrete Forms (ICFs)
5 May 2024 | 3 replies
I wish to bet you the study they conducted featured upgraded windows, doors, and insulation. 
Karen Chenaille DIY Cost Segregation Study Tips/Tools/Templates?
7 May 2024 | 56 replies
There are a number of guidelines the IRS has for performing a proper cost segregation study (which will pass in the event of an audit) Here is the link to that list on the IRS website:Cost Segregation Audit Technique Guide - Chapter 4 - Principal Elements of a Quality Cost Segregation Study and ReportI have never seen a DIY before, but I'm sure people do it.Depending on the size and type of your property the fee for engaging a qualified engineer-based firm to conduct the study can be as low as $3,000 (lower in certain cases), and the significant benefit created well outweighs the minimal costs.
Zachary Schimenz WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
8 May 2024 | 112 replies
Every investor has my direct cell phone number as every introduction call is conducted from my personal cell number.