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I've been listening to the podcasts (started from the beginning a few months ago and am on #79) and, at the behest of the guys, have finally gotten started with the forums. So I wanted to start off by introducing myse...
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Hello
I am looking into options for purchasing a commercial property from a family member. It is a small commercial property (under $500k). The family member owns the property outright. My sister and I...
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What’s up BP family. I am looking into obtaining an LLC for my real estate endeavors. The state I live in has the highest fee for getting one and was looking into Legal Zoom to obtain a cheaper LLC since my business w...
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Hello BP family. Is there anyone that could give a little insight on transforming a single family home into an assistant living facility? A family member moved out and we want to keep the property so we were thinking ...
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I was purchasing a multi family through an IRA LLC and was utilizing debt to finance it, requiring a non-recourse loan. Was given the contact info for:American Money Loan Services and the person’s name, Tom Vanderlaan...
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Low occupancy can be the most damaging obstacle property owners can face in their properties given for lease. Having many vacant units or units with few tenants can profoundly impact the cash flow plan, ability to cov...
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Hello BiggerPockets!Have a question regarding a transition from a M2M lease to a 6 month lease.My wife and I inherited several tenants when we purchased our 6 family 8 months ago. One of the units asked us last month ...
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Good morning BP Family,I have been blessed enough to have a property paid off and a few others with considerable equity. However I am looking at the net worth on paper and would much rather see that in my pocket or be...
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Hello BP I'm wondering whether this is something that lenders might be interested in? Is it too long term?where might you suggest to look for private lenders for something of this nature? Thanks ahead of time! 😇
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I'm hoping someone will have a good idea(s) on how to damage control a worst-case scenario. This is like the Kenny Rodgers song "You gotta to know when hold them, know when to fold them, know when to walk away and kno...