Hello all!I've already learned a valuable lesson in investing in small mutlfiamilies - including what happens to the security deposits in the initial offer.We close on a duplex next week and I was under the impression...
So, I have been a sleeper on Bigger Pockets Forum, but have been very active since first finding the podcast. I'm a big fan of audiobooks and learning while on the road. I typically drive about 55,000 miles a year. ...
Hello everyone...I just sat down with a potential CPA to discuss my taxes and potential real estate issues. She told me that she had plenty of experience with real estate and that many of her other clients have inves...
You’ve invested in your first or most recent piece of real estate - congratulations! After the stabilization period that comes with the transfer of ownership of real estate, and starting to execute your business plan,...
My goal is cash flow and earn $100k per year from rent. Assuming $200 per door after setting aside all expenses conservatively. I'm actually trying to look ahead and plan how much I can save for new deals over time. M...
Hello BP! I'm new to this world AND that of flipping. I've been in the construction industry for over 6 years though (residential for 3 and now commercial 3+). I came across a great investment property in Orlando, FL ...
Hey all,
A few questions re: note brokering in multiple states...
1. My ideal situation would be to build a long term note business (buying, selling & brokering) based in my home state of Ohio...how...
I have my first eviction in Milwaukee and was hoping to get some insight on what to expectPrevious tenant vacated 12/1 New tenant moved in 12/20 - paid Dec prorated rent and a depositTenant paid January rentMid Januar...
QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...
This isn't meant to be a long post but I have a lot of first time investors and house hackers or just investors that are new to Chicago that ask about charging a security deposit and my answer to them is NEVER charge ...