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Hello BiggerPockets community!My name is Matt and I just opened my membership yesterday but have been reading information from various sources on real estate investing for a few months. I am currently working full-ti...
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so I just recently filed for my LLC and Ein. After I received my employee identification number, I was told that if I want to, I have the option of filing form 8832 "Entity Classification Election" and elect to be cla...
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Switching strategy from fix-and-flip to BRRRR this year. I'm trying to understand some of the intricacies that separates the two. This is my understanding of a successful approach to scaling BRRRR. 1.) Purchase proper...
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Hey everyone! I'm fresh on the scene from NY. So excited and proud to be part of this like-minded group. Can't wait to connect & learn from you guys....especially when it comes to building an elite investor pool!!...
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I am helping someone out that is looking to buy a commercial property. It is a strip mall with about 14 units with a cap rate of 8.37%. I am doing all the calling around to get all the numbers. I will be a property ma...
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I am wanting some input on buying our first property in a smaller town (that I grew up in) 25 miles from a major city? The small town has been growing in GDP every year and is expected to grow another 35% over the nex...
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A friend introduced me to the Bigger Pockets podcasts and I have just listened to the 82nd podcast in 3 weeks time. Lots of good information and very motivational, which prompted me to buy a sub-division already devel...
Hi all,I am looking into quit-claiming my southern California property to my Grandfather's family trust and had a couple questions on any tax situations that might occur. There is $192k left on the mortgage, which wou...
A question on this section for FHA loans:If two or more parties have an ownership interest in the property, but only one of the parties is applying for the loan (and credit qualifies for the loan on his/her own), it ...
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I am thinking of getting a 203k loan to buy and fix up a house that I will live in. I have seen ads for "203k consultants" who will walk you through the process. Some are also general contractors who will do the reh...