Trevor Marvin
First time investor - Confused about order of operations
Hey all,Is it standard to have your LLC open prior to purchasing a property? When I make offers, am I making an offer representing my LLC or is that detail irrelevant as I would just put the LLC down on the purchase a...
Account Closed
Asset Protection with an LLC
Hello all,
I am interested in the topic of asset protection via an LLC. I am also interested in all of the tax benefits/advantages associated with claiming business expenses, so…. forming an LLC for a rental ...
Jonathan Jewell
Making the offer. Full Price or reduced price
How you all doing fellow Bp'ers. Gotta another question for the group. I came across a multi-unit, that did a walk through on and I want it. It would be my first, just an FYI. But it has all the ingredients, gre...
Misha Taylor
Out of State Investors Detroit
Are there any OUT OF STATE Detroit investors? Detroit is obviously notorious for low cost, low risk, good rental income cash flow but for managing properties, managing fix and flips, how do you manage it all from out ...
Vikram C.
Underground Storage Tank
We just finished negotiating the price and the seller has revealed at the last moment that there is an underground storage tank in the property. Our offer price did not take into consideration the cost of dealing wit...
Sandy DeKoubia
Almost done with my business plan
Hey BP community. I have a question about what financial information to include in a real estate business plan if I have not yet started any deals or projects. I currently have listed: an asset and liabilities stateme...
Mario Niccolini
Investing in a High-Risk Flood Zone (AE) – Worth It or Hard Pass?
Hey BiggerPockets community!
I’m analyzing a potential deal in Florida, but there’s a catch—it’s in an AE (High-Risk) flood zone. Hurricane Milton recently caused widespread flooding, yet this house remained unaffect...
Michael Hyun
The best investment strategy for W2 part time investor in 2023?
My strategy for this year (2023) is to:
1. Buy two 500k multifamily units (or one 1m multifamily unit) - ideally they break even.
2. Cost segregate both properties and generate close to ~150k in passive losses, ~...
Hani Madbak
new investor - Greenville, South Carolina area
Hello to all, My name is George and i am definitely interested in starting to invest in real estate. I live in the Greenville, SC area and if anyone is unfamiliar with the area, its thriving with growth. Good schools ...
Phil Rogers
Helping an investor with vacant houses?
Hey BiggerPockets! New investor here that's looking to get started! I've been researching for about a year and have been trying to find the best way to get started, I recently spoke with an investor that has a couple ...