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Hey hey hey, BiggerPocketeers!We’ve been working on something really cool for the last few months, and I’m super excited to announce it here. BiggerPockets Premium is now live for agents, hard money lenders, and any i...
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My very first post I told the BiggerPocket’s world that I am buying my first home! I started in January and boy was it a headache; An inattentive Broker coupled with Covid19 and a city wide shutdown can certainly set ...
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Hello, I just bought my first investment property. $160k, mortgage monthly is $910 and rent is $1600, So close to $700 cashflow. So I don’t think it’s too bad for first deal.I had to inquired some cost like cleaning a...
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A few of us want to get together to invest in a few rental properties. What would be the best structure to form this partnership (LLC, REIT, etc.)? If some of you can shed some light on pros and con's it would be grea...
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Hi All,I had a question in regards to setting up a LLC to invest passively as a LP in a syndication.The reason for setting up an LLC is to meet the minimum investment amount set by the Syndication. I'll be going in 50...
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This newbie is so lost! I can’t seem to find that first golden goose property. W2 mindset is creeping back in! Analyses paralyses is lurking right behind. I need an accountability partner and a mentor……any ideas guys?...
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I need accounting advice. I apologize in advance for the wordy post, but would appreciate if anyone has good ideas.
I recently started using Rentec Direct (property management software). It tracks income and expenses...
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What's up BP -I am looking to hire a bookkeeper to manage my books for my development, construction & personal rental portfolio. I am a numbers guy and have been very reluctant to delegate this out, but it is fina...
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Hello BP members, I am a new REI in Oklahoma. I have purchased my first property and I am curious as to what I should do about collecting rent. I am house hacking this property and for tax purposes I am trying to find...
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I'm looking into different property management software, and figured BP would be the best place to find the pros and cons of a bunch of different choices. So what are you best pros and cons for the software that you use?