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Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
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I am asking the basic question of "LLC or S-Corp for Rental Property?" but with a twist....I am working to acquire my first rental property in Rockford, IL and was planning to set up an LLC to hold the properties... A...
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So let me preface this with, I go waaaaaaay out of my way to provide the best life and apartments I can for my tenants. I would argue that any property owner, regardless how big or small they are, could compete with ...
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Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
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I would like to read an example of some of you guy's creative financing deal structuring you've put together with no &/or little of your own money down. I'm posting this forum to get a better understanding of how ...
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Every day in the forums it's the same thing. "I'm just getting started and I've analyzed a ton of deals (never seen any in real life) in several markets that are nowhere near where I live because where I live there ar...
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Bigger pockets is great! But, all these podcasts have hidden intentions of selling books!!! They are becoming book sellersThe average guy don’t need to know about syndications, creating corporations, raising million...
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Value is over 1 million I only owe 240k.
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Hi BP community,I am pretty new to running a rental property. I recently took over managing a property for family in the San Francisco. I was discussing rent and property situation with my tenants, and they got pretty...