There have been a couple of posts about this in the past but no definitive answers came out of them. My question is why would someone set up an LLC and elect to be taxed as an S Corp instead of just taking the S Corp...
When moving a tenant in, it is easy to skimp with the move-in inspection check list (or "Property Condition Report", as we call it) yet it is a critical document. I'm looking to improve my process for getting this...
Hello Everyone,I am looking at buying my first investment property. I have read the guides on this site and they have been very helpful. I have a few questions hopefully you guys can give me some insight.I am looking ...
Clever Minds of Bigger Pockets,
My name is Nick and I am moving to Austin,TX soon from San Diego. I am out priced here in San Diego and I refuse to put down a 100k down payment on a house until it comes residually fr...
I'm viewing this question from purely a data standpoint. The way we search for properties today is based on value, calculating cap rate, looking at AVMs and mortgage rates, etc. But what if you can also now search for...
I'm looking into converting a detached garage on my property into an ADU. I see on LA County guidelines and CA HCD guidelines that, when converting a detached accessory structure into an ADU, the structure can be expa...
Hey my names Chan, I'm from Chicago. i worked in a restaurant for the last few years and about a year ago i reconnected with an old classmate from school. He works for a real estate company and got me very interested ...
Does a commercial build-out of offices in an office/retail space have any bearing on cap rate? For example, suppose I had an appraisal conducted with a proposed floor plan of a building I'm renovating after a fire wit...
I have learned to focus on vacant, run down/distressed homes when wholesaling properties. Does this include REO properties/foreclosures as well? And if you can wholesale these properties, is the process the same as ...
Hi wats the reason to have a llc for your real estate business wat does it do how does it protect you. If I can get an example of a situation that will be great thanks