Luke Perrin
Does filing one tax return for multiple LLCs negate asset protection?
My wife and I own 2 rental properties in Colorado that we are working on getting into LLCs for asset protection purposes. I also have a single member LLC for work. We have a Wyoming LLC owned 50/50 between the two of ...
Ryan Pozzi
Cash Purchase vs Conventional Financing
Good evening from the Midwest! I've come to ask for feedback while acknowledging that I'm early enough in my journey that I can't yet offer much in return other than gratitude and it's hard to pay the bills with grat...
Geoffrey Lessel
Turning a 2nd lien into a 1st when selling the note?
I am considering offering some owner financing on a property I am looking to sell. I currently have a first mortgage on the property so any note I create would be in 2nd position. I have two questions regarding this:1...
Michael Norwood
$20K Monthly Cash Flow - The Challenge is On! Seeking Your Guidance
Hey BiggerPockets family!
My wife and I (mid-40s) are motivated W2 earners with a rental property under our belts, eager to expand our real estate portfolio and create significant passive income. We've set ambitious ...
Mo Muigai
Interest rate of 5.75% on investment property???
Recently closed on residential with rate of 3.5%. I know investment properties run higher rates but is 5.75% a bit too high or that’s typical? This will be my first purchase of actual investment property. Thanks!
Matt Devincenzo
Cold calling for note leads
So I've begun researching purchasing notes, and found a few different threads with the suggestion of cold calling people that are in contact with note holders. Bankruptcy attys, financial planners, CPAs, title compani...
Leon Lee
What is current CoC for STRs with and without 7% interest loan
Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
Diane G.
For those of you dont believe downturn is here
For those of you don't believe that we ALREADY turned the corner, here is ONE OF several listing that I ran into that are listed below that 2015/2016 purchase price...In San Francisco....A location....Removed by moder...
Mike Mendoza
using non skilled labor to fix up your houses
I've been using college kids, just out of college, stay at home mom's, etc to work on our crew to help fix our flips. We subcontract concrete, roofing, and exterior painting, siding, windows if we are doing the whole...
Account Closed
Next evolution of Mobile Home Parks
Good morning all! I'm just curious if anyone has considered upgrading a mobile home park with tiny homes? I believe that tiny home is the next generation of a mobile home.Thoughts?