Austin Latty
New LLC Questions
Hello BP,I am a new investor and just recently went under contract for my first flip property. I set up an LLC, and it will be buying the property. I also just opened up a business bank account. I have about 35k in...
Cameron Mertens
Looking for next step advice
Hello Bigger Pockets community! This is a longer post, but I am hoping to get some advice and potentially talk with someone farther along in the real estate game than us about what our next step should be. A little ba...
PJ Singh
Mold issue in bathroom shower
Hi Y'all. Please provide guidance!Background: I have a SFH rental in Houston suburbs (cypress area) which I have rented to same tenant for past 5 years. Tenant don't want to renew lease until potential mold problem is...
Chris Martin
NC proposed bill to outlaw institutional landlords
This bill (short title Home Ownership Market Manipulation) will not pass, but it's interesting that some NC state house members put in writing and propose limiting real estate rental ownership to 100 or less propertie...
Eric Hempler
Either my numbers are way off or people are buying for way too mu
I'm in the Minneapolis market and I'm aiming for an 8% Cash on Cash Return. I'm buying for cash flow and I'm coming up with about $75K per unit while the comparable sales that are listed are about $150K per unit. I'm ...
Kip Werking
SLC New Inventor Looking to Build a Rooming House from Scratch
Hi, I'm a new REI guy in SLC (attorney by day).I like house hacking, costseg, STR, and BRRRR strategies, and I'm trying to combine all of them into my next deal.I basically want to create a new built, from scratch, on...
Andrew Steffens
Mergers and Acquisitions Help
Hello!
We are in negotiations to buy out a smaller competitor. This is a first for us, and looking to see if anyone had any experience in this as we have a few questions about how it went. Any help is appreciated. ...
Alfredo Cardenas
Total Rental Properties Losses to offset capital gain of 2 rental homes being sold
My CPA is telling me that I cannot use the sum of all my rental properties losses grouped together as one large loss to offset capital gains of the sale of 2 of those properties. He is saying that I can on only use th...
William Luke Laity
What do appraisers look at?
If there are any appraisers out there, or people familiar with how they are done:
What are all the things that are looked at when determining the value of a home?
Rob Fuller
Your Real Estate Deal Won't Be a '72 Pinto: Follow This Advice!
Stephen Covey, famed author of "Seven Habits of Highly Effective People," claimed an important habit in achieving success was to "Begin With the End In Mind." This habit in real estate is critical to success of a ven...