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28 August 2016 | 9 replies
Well the ultimate goal is to wholesale enough properties to fund a deal where I can own multiple rental properties, the issue is gaining the capital to buy the rental property.
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29 August 2016 | 16 replies
For a business owner with $100,000 taxable annual income, the net tax savings for using an S Corporation instead of an LLC in taxes paid every year can be as high as $7,500.Holding PropertiesWhen holding properties as a cash flow investor, the LLC (or LP) is generally the better choice because an LLC has more liberal distribution rules.
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2 September 2016 | 16 replies
Of course, you need to read The Ultimate Beginners Guide to REI here on BPIf you haven’t already, please read/listen to these books ASAP!
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29 August 2016 | 13 replies
., save the pics of the property, and then create a post on Craigslist in the "Real Estate for Sale" by owner.
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6 September 2016 | 6 replies
Welcome to Biggerpockets @Taneka Nesbitt This starting guide on wholesaling would help a lot for newbies https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/
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20 September 2016 | 20 replies
Hi Anthony glad to see you on BP as I'm a newbe just like you I think that I understand your confusion so here have the ultimate beginners guide from BP https://www.biggerpockets.com/real-estate-investing I think that this is the first steppingstone for a good RE education. regards from Brooklyn
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9 September 2019 | 12 replies
Proper insulation will keep the units cool except for the hottest weeks in summer and save tenants on winter utility bills in the winter.
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28 August 2016 | 4 replies
Unless this is a large non-recourse deal then the owner(s) will be kissing the note anyway and the math will ultimately look the same.
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28 August 2016 | 2 replies
To get a taste I'd recommend acquiring a multi w/value-add (lots of sweat in other words) in a B+ area wher you can live and rehab and above all, LEARN as I've observed over he years it's not how much capital one has at their disposal but knowledge that will ultimately yield you the "cash-flow" you're aspired so to grow.
29 August 2016 | 3 replies
I really appreciate you taking the time, and it saved me a bunch of time as I was trying to search various VA loan sites with little luck.