I am purchasing my first property as a buy and hold in St Louis, Missouri. I live in California. I think that transferring the property to an LLC is a very good option for asset protection, especially since I own a ...
We are purchasing a STR in Maui. I had wanted to start small, a 1 bed/1 bath, but the analysis showed they didn't cash flow very well at the purchase price. We put in a low ball offer on a 2 bed/2 bath, and it was acc...
I see a lot of posts on BP about consulting, referring leads off to try to collect fees from agents when the parties are unlicensed.
Every place I know it is against the law. I can't speak on other states but...
Hey, Everyone -- I'd like to launch a new venture in the short-term rental space and wanted to ask everyone here what your biggest challenges are.
In the past, I've launched and sold 2x PropTech ventures in the multi...
My wife and I are very calculated people. Our families always encouraged us to save the way they were taught (savings, 401k/pension, IRA). Looking ahead, I can see that we are both going to need some alternate forms i...
I am looking at adding an out of state triplex to my rental properties. Normally I can figure This stuff out on my own. This is my first time trying it with non conventional financing. Before we get all excited a...
Hello,
I have 10 single family homes as rentals. I opened a checking account for each property to manage its rent collection and to pay its expenses, ie: mortgage, maintenance, etc. Each month I scrape these accounts ...
Economic Update(Monday, November 16, 2020)
Last week, the stock market roared higher on the news that a highly effective Covid-19 vaccine appeared to be just on the horizon. That was great news, but there’s still ...
How do I make this work? 4-unit apartment complex$1.8 million purchase price$9,000 combined monthly rent (very close to market rate, minimal value-add through rent increases)$40,000 operating expenses (taxes, insuranc...
Hello BiggerPockets! I'm getting closer to my Deal #1 seems like (closer than I've ever been)...and I'm getting a bit nervous thinking about monthly payments I'll owe to the lender. The property I'm looking at is curr...