Ken Nyczaj
Contractor is equity partner, pay him hourly too?
Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
Gaege Root
Relationship with hard money lender first or find a deal first?
New to navigating the world of flipping and I'm in an extremely hot buyer's market. On the retail side of things, everything is overpriced and still disappearing like ice in a desert (fitting, since I'm in Tucson).How...
Zach White
New Investor in KCMO and KCKS!
Hello BP KC! My name is Zach White and I currently live in Lawrence, Ks. I will be moving to KCMO in August 2021 to take a job at H&R Block in downtown KCMO in the IT department. I am looking to get into my first ...
Jennie Berger
*** Find Your Joy ***
Have you heard of Peloton? If so, chances are you’ve done a ride or two and have a favorite instructor. Or two or three. Umm, what the heck does this have to do with real estate? Keep reading, I promise, it will all c...
Christopher Johanson
Not enough money for my area?
Hello all,I'm looking into starting an investment portfolio by purchasing my first MFH within an 8 month timeline. I live in MA, which is a notoriously expensive state, relatively speaking. Most of the duplexes and tr...
J Polanco
:) NEWBIE LOOKING FOR FIRST BRRRR GREATER LITTLE VILLAGE AREA!
Hi everyone! This is my first post just like the title says I am looking for my first BRRRR multi family deal 2-4 units. I work in the RE industry although I am licensed agent I do not close deals. I am in B2B sales f...
Simon Stahl
Turnkey vs MLS purchase for out of state rental
I am wondering what the advantages are for using a turnkey company to buy out of state rental properties. I realize they take some of the work off my hands, but for quite a price. These are the pros and cons that I co...
Shawn Fitzgerald
Buying the duplex I live in..?
Hello BiggerPockets! This is my first post. :) The duplex that I am currently living in is for sale. It is in a good section of Cincinnati, OH. There are upstairs and downstairs units (both 2 bedrooms/ 1 bath) 1000 sq...
Antonio Bodley
Offer price is more than asking price.
Is it possible I can get a home under contract without using the MAO calculation? I was looking at homes from motivated sellers where their asking prices are lower than the MAO I was going to use. If that is the case,...
Michael Johnson
Has anyone ever considered taking down the divider in duplexes?
It just sounds like a cool Idea. I dont really know how it could be advantageous besides a creative exit strategy to force appreciation. But how would the zoning, taxes work out? anyone know?