Im currently in college getting a real estate degree (go Hokies!) and minor in entreprenuership. While in school I am learning an immeasurable amount of techincal knowledge, gaining meangingful relationships with frie...
Wanted to get some informal BP feedback on legal entities, and realize this is not legal advise. I wanted to learn more about setting up legal entities for REI. After finding a mention of a law firm which specialize...
Right now I have 5 different checking accounts for 5 different rental properties to keep everything separate. Is this common practice? Seems like when I am at 20 houses, having 20 checking accounts/20 debit cards/ ...
When is a market too specialized? I have a somewhat different idea to a real estate investment, that is not discussed much. It would be industrial storage in a sense. I would love to pick anyone's brain that has ex...
What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...
Hi BP community,I have always accounted for 10% property management when analyzing deals. I have learned this through @Brandon Turner webinars, podcasts, etc.Now that I have seen other fees involved with hiring a prop...
I didn't really know which category to choose, I'm sure this will all come with experience.Here's a situation, and I may be putting the Cart WAY before the horse, and/or setting myself up to learn the hard way, or by ...
Hello, I just bought my first SFH a month ago and I am researching in how to open an LLC. Are people do this all by themselves (online) using LegalZoom or Accountant? I am a bit confused. What should be my first step...
I did it! I bought a duplex. I'm living in one unit. I'm renting the other. Now, I want to be proactive about the bookkeeping so that I don't have a nightmare at tax time. Here is what I want to know. I set up three n...
Hey BP,
I'll be quick since I don't want to waste anyone's time. I've read many of the BiggerPockets books like - House Hacking- Flipping- Estimating Rehabs- Multifamily Millionaire Book I and II- How to Invest in Re...