I accidentally posted this in Commercial Real estate before I found the New Member Introduction Section. Re-posting.Hi fellow Bigger Pocket members, newbie investor here living in Boca Raton, Florida. I’ve been a bus...
I recently met with a CPA and he recommended I invest in a hotel for tax purposes. Longer story there, but I've since found a discounted hotel that seems to be a good opportunity. What resources, or people, have folks...
I'm working with a seller of a $2.28 million dollar RV Park. We just found a commercial lender to lend for $1.75 million, $200k cash from buyer and the seller is considering taking the rest in the form of a $484k ...
Hey guys,I'm starting out, and have 1 property, and I am trying to figure out how to do the books. I have decided that I want to use Excel for the first year, to get comfortable with bookkeeping. I currently have one ...
I am looking to get into syndication with a friend of mine who is a very experienced and successful agent(20plus years in the business) He has done a couple of syndications but it's not his niche. I have never done on...
I am new to the real estate investment game and trying to get my feet wet. I came across a 6-plex that appears to be a good deal. I am curious what to be aware of when buying a 6 unit building (6 connected townhomes...
Do you really need an LLC for your rental property? Lawyers seem to be the most anxious to get me to do it.
Hi folks. I'm contemplating on partnering up with someone to setup and operate a care facility. I would just like to get your thoughts on what's fair in this partnership scenario. I have the house, partner has the ...
I recently bought my first property that I am looking to rent out. I am working with a local property manger who requires me to have a general liability insurance in order to mange the property. I have the option to e...
I'm somewhat new to the real estate world. I'm coming in from a background in private equity, where limited partners typically target a ~25% IRR. And that IRR is key to modelling when approaching investors with busine...