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21 February 2020 | 5 replies
I want to invest in multifamily apartment buildings and eventually form a real estate private equity firm to raise firms to invest with others but I’ll start with my own money to build a track record.Should my first deal be a small apartment building such as 10+ units.
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20 February 2020 | 0 replies
Does anyone have a confirmation form they use for this situation, or would a confirmatory letter setting out what has happened suffice, or what would you do to firm up this move out date and avoid some sort of situation where she decides she's not breaking the lease after all?
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9 March 2020 | 41 replies
I work as a fund accountant for a private equity firm... to say that one of the downsides of direct ownership is that all major and minor expenses come out of your pocket is not correct.
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28 February 2020 | 8 replies
.: listings for rentals that actually leased...Surf Craigslist and Facebook market for a few weeks... look for units similar to yours, call/message the listing and see how firm they are... if they're willing to drop $100-$150 a month without much fight, then that's your competition showing you how fast they would undercut you in a weak rental market.
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22 February 2020 | 1 reply
Thru due diligence and inspections i wasnt comfortable with paying 40k so i stood firm on 30k and didnt think i had a chance of getting it.
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24 February 2020 | 61 replies
Although many prospects who approach my firm already have made an S election for their new business, in general, I advise current clients who start a new or side business to start it as a disregarded entity (if single owner) or partnership (if multi-owner) to keep things streamlined until we have the data points to make a more informed decision regarding a S or C election.
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23 February 2020 | 7 replies
In the world of social media and YouTube and even BP I am (should be this next week or so) selecting a CPA firm that can handle my growing business and help strategize my tax plan to ensure I can capture all possible deductions/exemptions etc annually.
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25 February 2020 | 6 replies
I want to start applying at property management firms but I have none of the requirements and no experience.
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24 February 2020 | 3 replies
When I found out that a mortgage broker could send the loan to the very place I worked, and the consumer got BETTER pricing than I could offer as an employee of that very same firm, holy smokes, that just about blew my mind off.
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27 February 2020 | 6 replies
I test software for a living for a firm operating out of downtown Chicago and I came to join bigger pockets after stumbling upon the bigger pockets real estate podcast on Spotify.I am looking forward to learning from everyone here and to growing with fellow newbies and I will do my best to stay engaged as I know that there is a huge wealth of knowledge and resources in these ranks.