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Starting a rental investment business
I want to go into the real estate business with my son. The idea is to buy a couple of rentals and then see how it goes. If we work together well and make money we might want to expand. My question is how do we go ...
Jacob Pruckner
Financing Ideas Needed!
Hello All!
A friend and I are interested in starting a partnership LLC to invest in Rental Properties. We are both new to real estate and looking for creative ways to finance our first couple of properties. We are l...
Trent Quinlan
How Early is Too Early? Contractor Looking to Get into Fix and Flips
Hello All,I'm new to BP, and new to the rehabbing/rental scene in general. I'm a residential contractor and I would like for my business to focus on full rehabs rather than smaller jobs for individual customers. It is...
Alex Zan
Is there a positive cash flow in California?
I've heard a lot that it's impossible to find real estate with cash flow in California. And of course, I trust true professionals and then checked their opinions. Fortunately, I was able to find a few properties (not ...
Account Closed
Co-Investing in Real Estate
How do people invest with each other? Do they use operating agreements, joint ownership, both? What type of professional do you use to officiate this? Just a lawyer? An agent? Both? How are these typically structured?...
Isaiah Williams
Is paying a consultant with no license commission even legal?
OK, so this is something I had no idea about but was just brought to my attention. I used to be a property manager for an apartment community, and I also was responsible for my leasing consultants getting paid their c...
John W.
Buying a 17unit with a friend, what to charge for managing it
Hi everyone, I'm buying a 17unit in the Buffalo Niagara NY area with a friend. Rents average about $500 (25% under market value), fully rented as well. I will be managing it as he is out of state and I have 10 years e...
Mark B
Brewery wants credit toward lease purchase for their improvements
I'm in an interesting deal and would love to hear your opinions.I have a $420k commercial building. A microbrew wants to move in and fix it up. After 3 to 5 years they want an option to buy up to 50% of the facility...
David Williams
Bookkeeping advice needed
Hey BP family! Looking for some advice on growing our business and using who, not how. Our portfolio has scaled up to 3 properties we will add 1-2 annually, both individually and through partnerships. I also have a gr...
Eric Claxton
Marketing Ideas for gaining more multifamily clients for Property management operation
Hey Bigger Pockets!
Im not sure if this is the right spot for this question- but our company recently begun managing other commercial assets outside our own portfolio (we gained 6 new commercial clients in la...