Wesley W.
Medical Marijuana in rental units
So, this hasn't happened to me yet, but I am curious.With the advent of the passage of laws in various states allowing for the medicinal use of marijuana, I'm wondering how this interfaces with landlords and their lea...
Nathan Letourneau
LLC filing S-Corp election for taxes
I've operated my business as a straight single member LLC for the last 10+ years. This year (2016) my income was much higher and I figured it might be useful to looking into the S-corp designation with the IRS. Wha...
Samuel Pascal
Real estate investors meet up locations in NYC
Hello Bigger Pockets Family. I am pretty pisst off at some real estate workshops/events I have gone to in NYC. These so called "free" events are nothing more than people trying to get into your pockets (i.e. pay and ...
Kenneth Garrett
When is a syndication needed
If I use one private lender for a project at 100,000 syndication does not seem to be necessary. If I have multiple investors investing in a project where a 1,000,000 is raised then I think it makes sense. Is it the ...
Scott L.
How 50% rule affectts $200 cash/unit/mo guide
Hi, I'm new to multi-family rental investing; trying to get my spreadsheets in good shape.
Can someone help me understand: If the 50% rule starts out estimating 50% of gross rent goes to expenses, and folks o...
Francois De Gourville
Short term rental Community Development
Hi Folks, I am a relatively new investor, from Alberta Canada, I've been actively involved in this journey just over a year now. I have not been very active on bigger pockets, but am working on changing that.I wanted ...
Ralph Pombo
Manufactured home financing
I apologize in advance for my lack of knowledge on this subject. This is the first manufactured home on property that I have attempted to find secondary financing for. Here is the current situation. We own a large man...
Jesús Zazueta
Manufactured Homes on Vacant Land in Northern California ?
Hello everyone,I'm looking to invest in a piece of land out in Northern California and setting a manufactured home on it.Does anyone have any experience they might want to share. Any tips, tricks, and advice would be ...
Wendell De Guzman
The Biggest Rehab Project of My Career - Should I Do This?
Yesterday I won a BID on an auction on a house in Lagrange IL.The Good:ARV - $1,000,000Acquisition Price: $380,000Repairs: $200,000Profit Potential: HUGE - about $300,000 profit even if you assume 12 months holding c...
Erik Schubert
Next financing move
I want to make another move, but I'm nervous about mortgaging myself too much, then come the day I want a house of my own, I can't get one. I have one 30 yr mortgage on my plate right now. I can live in my rental for ...