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Hi, we're working to buy our first multi-family property by July of this year. If there's already a thread addressing this issue, please point me in the right direction. Is it more beneficial to start a LLC and purcha...
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Good evening BiggerPockets!Underwriting multifamily acquisitions and developments can be oft seen as tedious, lackluster tasks. Due to this, syndicators and fund managers alike have elected to outsource this work. In ...
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When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...
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While I greatly respect accountants, I want someone to explain why they're worth the fee for 90% of buy and hold investors. This year my refund was $3,800. My total tax prep fee was approx $4,200 (not unusual if you a...
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After reading this board I know most wholesalers are offering properties with too slim of a margin for most investors. I really couldn't find any posts about what wholesalers do with the properties they don't find buy...
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Hi BP community,I have a confession... I am considering investing in a 'D" area! The other day I was helping someone from my church who's mission group purchased an 8 plex in a "D" area of the Chicago suburbs. They ar...
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Hey all,We have a property in Greeley, CO and found out the tenant has not paid their utilities for the past 3 months and gas will be shut off today if they don't pay at least half of the bill today.This is our first ...
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Hi everyone,
I'm from the Los Angeles area where I own two homes. One is my principal residence, the other is a rental which we're thinking of selling later this summer. Although it's a nice house (valued at ...
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Hello! I am pending inspection on my flip currently, inspection came back asking for us to have a Licensed Structural Engineer "determine corrective measure to ensure proper support". Based on some of the pictures we ...
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I just served my tenant a three day notice for not paying the rent. But what if she still doesn't have the rent after three days, then what should I do next? She has been always late, but this month she didn't have ...