Hey Everyone! I'm in the process of closing on my first investment property in California and I'm going to put it under an LLC. Does anyone recommend opening the LLC in another state with potential tax benefits, or do...
Hi! I'm a long-time BP lurker, first-time poster. I'm interested in picking up a vacation rental or two in Mexico, most likely in Todos Santos or Los Cabos in the next year. I'd love to chat with anyone who's familiar...
Between everyone on Bigger Pockets there is probably thousands of years of REI experience, I was wondering if you all wouldn't mind using that experience to give me your opinions on this deal.
236 unit apartment comp...
Any veteran house flippers that see this can you pls double check my House Flip Flow chart and let me know any red flags? Thank you so much.My Flow chart:1) I got 50 nice "we buy houses signs" & Phone script ready...
My current lenders for a primary residence I am purchasing is requiring 12 months of escrow UP FRONT AT CLOSING for taxes and insurance PLUS the normal contribution going forward.I have a shortsale on credit report da...
Hi BP Folks! My husband and I are in contract on an investment property as buyers, completed the inspection, and our agent submitted our repair requests timely. Contract specified that seller had 2 days to respond (y...
I am blessed to be bored, living life as a landlord. Business is grand when everything’s slow, that’s the time to be saving my dough. No shortage of stunning problems to face, still way better than running the rat-r...
Don't over-improve rental property. To keep your cash flow at optimal levels, don't spend too much on upgrades for a rental property that will likely need maintenance and repairs during turnovers anyway.
Hi everyone, I am looking to buy my first property in North New Jersey area. A lot of the houses in further North New Jersey are cheaper but usually they have septic and well water. Would you buy a house with those? d...
Hi,I am concidering a multifamily property located in West Warwick, ri.Asking price $174900Taxes $4789Insurance - got quotes from $600-1200 depending on coverage.2 units, each 2 beds, approx 800sf each. Upper unit occ...