Hello BiggerPockets, Id like to hear some thoughts/feedback on this idea..... while I have not obviously vetted this "idea" out just yet...its intriguing to me.I sell my primary residence and use the equity ($100K p...
Hello - I did a 1031 exchange of my single family rental property (the Title was under my personal name) to a multi-family property a couple of years ago and the multi-family property was Titled under a single member ...
My wife and I own a frozen yogurt shop through an LLC. Time for us to expand our business. Our options as we them are:1) we set up an umbrella LLC as a holding company and a separate LLC for each business unit(one for...
Hi all,I'm currently looking at a very large duplex with 8 rooms/6 baths on each side. It's in an up-and-coming neighborhood and a combination of working people and college students currently rent it. I've underwrit...
When I approach home owners that lost their homes in the floods how should I approach them? Should I target the homeowners that didn't have flood insurance?
I've interested in getting into REI in the next couple years. I'm curious. Say I've got 300k in the bank, am I better off paying cash for my initial units, or taking investor loans? I suppose from a risk perspective, ...
Hello, I’m hoping there is a CPA in BP who can help me explain the 2 scenarios below to a seller. ***The seller has no debt on the property Offer 1: $375,000 (Bank Financing)Offer 2: $375,000 (Seller Financing)- 10% D...
I'm just starting out with real estate investing. I sent out some direct mail letters, and I have someone who called me back who has a property they want to sell! The owner admitted to me that the property needs a lot...
Question: Is a short term rental in an area historically riddle with crime but going through a gentrification/revitalization process a good idea?Context: Hey all! I am looking to get started in real estate via house h...
Years ago, my mother purchased a small lot of vacant land inside a small town in northern California. My mother hadn't checked on the property in over five years, and recently received a notice in the mail from a tow...