John Fider
Each property with its own bank account?
I was watching this youtube video from a Canadian investor I like and he said... "Every property you buy better have its own bank account." I was like Whaaaattt? Is that a thing that I've never heard of until now? ...
Brechman Dieujuste
Buying my first property under contract
Hello bigger pockets community I hope you all doing well.If I need to open a business credit card to use for my real estate business. Since all the properties will be under different llc, will I be able to use it for ...
Rodney Saucier
Duties, responsibilities, obligations
Hello all, I'm meeting with my future partner this week to out line our business plan so we can start our real estate investment journey. one thing we want to cover in this meeting is what each of our responsibility's...
Paul La Case
Finding Appraisal Inormation
Hello,I'm looking to see if there is a simplified way of finding values per area, possibly per zip code, for things like price per bedroom, bathroom, etc.I did some google searching and came up empty handed.I'm lookin...
Mark Grozen-Smith
Converting Coin-Op Laundry to Digital
Have you ever converted a small apartment complex's laundry to a digital paid system like some sort of mag swipe or even like an apple-pay type of input? Any learnings from that? Was it worth it or were there more tro...
Frank James Batignani
LLC and Land Trust formation
Hello all, I am wondering what the pros and cons are to setting up an LLC for purchasing rental properties. In my research I hear that one of the best structures for asset protection is to setup one LLC per prope...
Charles Loughin
Investor in low income housing in Reading PA
I started in 2010 with a 3-plex and I've since added two single homes to my portfolio. The singles net a better return then the 3-plex so I am concentrating on them. I found that focusing on the mechanics of the build...
Bette Hochberger
The Home Office Deduction for Real Estate Professionals
If you're a real estate professional, the home office deduction can be valuable. Here's what you need to know:1. Exclusive and Regular Use: The space must be used exclusively and regularly for business.2. Principal Pl...
Jordan Santiago
Rapid Growth to 21,000 Units
Hey BP,
I recently read a story about 3 entrepreneurs in their late 20s doing syndication. They acquired 21,000 units in about 8-9 years.
My question is, how is that even possible. I know there’s a lot of syndicato...
Chris Parker
Bay Area creative financing for first deal
A friend's brother has offered to sell me his condo in San Jose (~$650k). I'm a high earner and hungry to get started in real estate, but the cost is a bit of a stretch for me still. I'd like to solicit some suggestio...