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I am starting to invest in Class C neighborhoods for the first time. (Previously stayed in Class B and above)What are some recommendations for screening tenants and rent collection?(Bigger deposit? Background Checks?)...
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Hi everyone, I own a few small multi-family properties (8 units total) and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...
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HiI have just joined BiggerPockets and am amazed at the amount of information available and the way members are helping each other out. Thanks to everyone taking time out to reply to queries.I am a recent Canadian Per...
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We have all seen and read opinions on what people just starting in real estate investing should do in terms of creating a LLC to own and operate each property. Most of what I have read speaks to the opinions for youn...
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Hi there. Whilst I'm a newbie to real estate, i'm no newbie to business. At 26 i started my own company (in China) and recently sold it for millions. Now I want to create passive income and I have created a strong ...
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Thought it would be a cool idea to share how you earn or save extra money, no matter how large or small....to help make our pockets bigger. I think finances is an area one can always improve on....might as well learn ...
I just closed on a SFH rental in an area I'm familiar with. I closed the deal myself. For more propeties I've contacted three agents from different Brokerages and all three have given me the "thanks but no thanks" rou...
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I am looking to really dive head first into the multi-family syndication world. I have been listening to The Old Capital Podcast, Rod Khleifs podcast and reading books and blogs on syndication and at this point I'd li...
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Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...
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I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...