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20 December 2024 | 28 replies
I do NOT think having an operating LLC located in a different state than the ones owned is overkill.
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24 December 2024 | 23 replies
Also, in general, I wouldn't solely rely on a single source, rather: 1) collect feedback from various sources, 2) decide which components are the most critical for you personally, 3) weigh in on the pros and cons, 4) speak with all of the operators to add to the list of pros and cons, 5) and only then make an informed decision.
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4 January 2025 | 67 replies
Also her husband has 100 acres of Teak and I wanted to see their operation.
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21 December 2024 | 7 replies
I have seen several offers from operators around the country who are offering interest rates of sub 6% for a 30-year fixed mortgage with a 20% down payment required, NO POINTS.
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19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
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22 December 2024 | 14 replies
You must keep the tenants security deposit at a bank that physically operates a branch office in the State of NC.
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22 January 2025 | 203 replies
Minneapolis is operating at about 50% PD staffing now due to the collective stupidity.
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11 January 2025 | 31 replies
The amount they end up paying is already high and leaves little to no margin of profit for someone who is not doing volume operations.
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14 January 2025 | 329 replies
With limitations on court operations, no evictions related to non-payment (COVID-related or not) can be pursued right now, and likely for several months.
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26 December 2024 | 21 replies
It’s entirely possible to operate with integrity, provide real value, and still earn a strong income.