Joseph Kirk
Insurance cost on a fully rented duplex?
25 March 2024 | 3 replies
In general I would expect to pay more for an insurance on a business policy rather than a personal policy and am not surprised by the increase.
Andrew Fidler
Muting the spam on Bigger Pockets
26 March 2024 | 40 replies
Hey there fellow Toledoians, if you are like me (a ~15 yr contributor to Bigger Pockets), you may have been inundated with spam from a few chatter boxes who like to post on BP as a drip campaign to drive business.
Francisco Solano
Business Partnership Registration
22 March 2024 | 0 replies
Our current focus is working on 1-4 unit fix and flips, but eventually work towards being able to refinance properties and keep and cash flow them.My question is tailored on the the way I should structure our relationship for the legal and tax base purposes.Should I secure the deals under my business and pay my partner out of my business operating account?
Shannon Rudelis
Best mentorship for flipping and scaling??
25 March 2024 | 7 replies
I currently am flipping a house locally, but I’m quickly realizing I need OPM to scale my business.
Wesley Oaks
Developing and Starting Small
23 March 2024 | 8 replies
I intend to gradually develop the park by acquiring used mobile homes for around $10,000 each, relocating them to the site, and performing minor renovations.To make the venture sustainable, I'm considering implementing a rent-to-own model, with the ultimate goal of transitioning to a Tenant Owned Homes (TOHs) setup with $300 lot rent.
Michael Courtenay
Review of American Private Money Group, FMC Lending
25 March 2024 | 26 replies
Most of my investing capital is tied up in my jewelry business, but I have about $45k in SDIRA funds that I'm looking to invest for about 6-9 month terms.Thanks . .
Danielle Lynch
First Multifamily Looking in South Florida
24 March 2024 | 24 replies
Each city has is own ordinances from code and violations enforcement to yes Airbnb (short-term rental or not).Then you need the best management company is the blood of you business.
Bobby Eastman
Why won't commercial lenders work with out of state buyers?
25 March 2024 | 10 replies
I know their charter / business practice is that they only do business in their local / region...I'll ask my lender in the meantime...Good luck.
Sole Angel
How to know a real lender?
25 March 2024 | 6 replies
You may easily look up the person on the NMLS site with their licensing number and find out if they are authorized to conduct business.
Jonathan C.
Losing money on turnkey property. Should I sell?
24 March 2024 | 19 replies
I always recommend for my clients (and myself) to run the investment portfolio like a business and suggest to form an LLC (running as S-Corp), even with only 1 property.