Christian Dowell
Kansas City Neighborhood Check
Hi! Looking at purchasing an Apartment complex on E. 30th KCKS. The numbers seem to work out well, but I'm looking for someone who is more familiar with the area to help me determine if this is a class A, B C or D!Tha...
Faith Kirk
Goals, Business Plans, and Entities
We recently formed an LLC in a different state than where we do business and live. What is the correct state to file our LLC tax return? Thank you
Will Pritchett
First BRRRR loan falling apart
So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...
Ryan T.
1 owner over to 2 by deed to LLC
My friend owns a townhouse that he lives in and has a loan that we are going to setup a multi member LLC and deed this into that and then rent it out. My question is once its deeded to our LLC I would then be immediat...
Gregory Schwartz
"Student Housing" definition per Feddie/Fannie
For those investors who work in the student housing markets. Have you attempted to get agency debt and had to deal with the 20% student housing hurdle? My understanding is that if the apartment is occupied by more tha...
James Cox
Best Practices for Hiring a contractor
Ive done done two flops. 1st one, I hired the wrong contractor, myself. 2nd I hired the wrong contractor, wasn’t at the property enough, our contracts were terrible, bad communication, we gave way too much money upf...
Jack Zhuang
Should I give seller a property tax refund after closing?
I just closed on a SFH purchase last month in TX and I received an email from the seller's agent requesting a refund from me because the seller over estimated the property tax and has over paid during closing.Has anyo...
Ryan Genson
Best steps to take towards financial freedom in my situation?
Hey everyone, I’m very new to Biggerpockets, but love that there is such a huge network of experienced/aspiring investors. A little bit of background, I’m an accountant, and I have 1 rental property. I have $100,000 l...
Randall Owens
Construction Bids for basement
BPs community,
So I have had four contractors come out and do bids on a basement that I am planning to convert into a legal third unit. The bids have been very inconsistent with numbers ranging as low as 45k to as h...
Donell Cummings
What type of LLC should I apply for my business?
I would like to know what would be the correct LLC to apply to wholesaling? If anyone can please help me out with this. I greatly appreciate it,