I am familiar with the series LLC, having used it before for rental property, but what about for quick flips in which the hold time may be only 30 days or less & you're doing volume? Yes, you pay a one-time forma...
I just went under contract on 3 all brick duplexes that have window unit heating and cooling. local PMs are telling me thats going to limit my rental cap. they said 50$ a month more for non window unit. these are ...
Hello All,I am looking for advice on how to figure out CapEx when running the analysis on a deal. I have seen many different ways, but when trying to do it quickly I become quickly unsure. This seems to be the one ite...
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I am evaluating a couple STR/Hospitality deals and trying to utilize the calculator and realizing that my expenses might be a bit off due to the percentage of my Repairs/Maintenance Operating Expense coming out of the...
I inherited 62 acres of land in Middle Tennessee back in 2017. I would like to subdivide the land into smaller 5 acre tracts, sell them, then complete a 1031 exchange. My CPA asked me what the "basis" in the property ...
Hey guys how are you..
I am new to the landlording field.. I have just recently acquired a Duplex property but I have a problem with the heating source/setup and is just looking for opinions o...
Hello BiggerPockets family,
I have a question that I’m looking for answers too. If I’m computing my comps number and cannot find houses that’s in the subject property couple block radius; can I then uses other prope...
Hi All,I am a general contractor in Minnesota and am looking into getting my real estate license. What are the thoughts out there taking on both disciplines? Do you stick to what you know and trust the agents alread...
I just read a nice blog by Mike LaCava about flipping houses:
http://www.biggerpockets.com/renewsblog/2013/02/03/flipping-houses-with-no-money/
I found the idea of partnering with a General Contractor very appealing...