Goal: My goal is to purchase a 100+ unit apartment complex that is somewhat distressed (eg, high vacancy or poorly maintained) but in a Class A area. Improve its operations and NOI, and obtain "forced appreciation...
Hello BP friends,Great site.. I love it so far :). Sorry for the long email but I feel putting one-liner general email is not very helpful to me or other here. About me Newbie investor in RTP/Raleigh, North ...
Hey, Bigger Pockets Family!I am just getting started in my real estate investing journey and working to lay a solid foundation in wisdom and knowledge. I believe it is wise to develop a general (if not thorough) under...
Hello All,
I wanted to get some feedback based on a recent discussion with my CPA. I have a STR property that is in a FL land trust and I set up an LLC to property manage this property (collect rents, etc). I self m...
Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...
Hello all,Just joined this forum in search of an answer to some things I've been trying to figure out; hope that I might be able to find some answers here.Myself and three partners are currently exploring setting up a...
At the local real estate meeting, one of the experienced investors, who has since reduced his portfolio, commented that he's comfortable at 50 houses these days. Apparently he downsized from 100 a few years prior.I kn...
I am about to jump into my first deal, but I have been trying to learn as much as I can about asset protection. I really don't want to get myself into any trouble, so I'd rather be safe than sorry.I'm thinking about ...
I am planning to take mastermind courses for real estate investment business. Different programs costs $2000-$13000, yet to finalize. I wanted to know what's the best way to go about it so that I can tax write off tha...
Hi, I'm looking to go in on a rental property w/ a partner, I'm hoping for some tip and pro/con on different organizational structure: Details--this partner and I own our current residence (30yr mortgage, not married,...