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Hello group! I've been managing my family's property (11 units) for 4 years now. After lots of learning, my husband and I are ready to start our own portfolio. I hoping to schedule a meeting with a CPA this week, but ...
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Hi Guys, working on building a portfolio of short term rentals. I have a few people who are interested in investing. The thought is to borrow as a loan for downpayment and start up costs. How would you structure the d...
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Hi all,I am a newbie real estate investor and I have been trying to educate myself on investing in turnkey SFHs in preparation for starting to purchase my first property out of state (I live in CA) this year. My goa...
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As a background, I own, rehab and self-manage 20 rentals with no partners other than my husband (I do not manage properties for others - I'm not a property management company). I recently sat down with my attorney, in...
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Has anyone dealt with a situation in which one partner cannot secure credit funding or be approved for a loan? Just wondering how you guys thought to process this. My thinking is that we do a promissory note by the pa...
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Hey there all, I am sure I am not the only one who has encountered this issue. I am looking at building a portfolio of >40 units in OH and need to work out the overall business entity structure to limit liability,...
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Hello,I am wondering if anyone knows the answer to this, I am a Canadian citizen with many single family houses that I own in my Florida LLP, I am currently using the structure of paying taxes from the the profits fro...
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The property is a residential property situated on a 1 acre lot in Sacramento County, California. It includes a primary residence, as well as a detached garage/storage area in the backyard that I am looking to convert...
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Hey Bigger Pockets! So heres my situation. Closing on a house may 21 but I want to back up my savings with a personal loan. Giving the current covid crisis was thinking maybe someone would want to earn some interest o...
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I’m considering purchasing a fsbo property for my primary residence. The current structure is a tear down. The owner is an older man who purchased the property 50 years ago. It is now worth $1.4M. He’s had multiple ca...