So I'm estimating expenses and trying to figure out the 50% rule. I'm an experienced flipper, but moving to buy and hold. I understand the need for CAPEX reserves (5% of GOI) and property management (8% GOI), taxes,...
Hi there, I am new to real estate investing and just finished reading Brandon Turner's book on Real estate investing, he mentioned in some podcasts about how important knowing the terminology is and I was wondering if...
Hello all, Anyone know what the legal specifications are (I'm in PA specifically), of what I am responsible for in regards to things left in a unit by a tenant who passed away. I don't have any contact info for family...
IntroductionIn the world of real estate, there's a saying: "Buyer beware." It means that when you're buying or selling a property, you need to be cautious and informed. That's where due diligence comes in. But what ex...
How much should you give a seller for "Option Consideration"? Some legal sources state that it takes only $1.Some guru's say you don't need any money and some say they give the seller $100.What do you give the seller ...
Hi Everyone,I am looking to develop passive real estate investment opportunities, but I am not sure if I completely understand what investors look for when investing in certain passive real estate investments, or real...
Hey all,
A few questions re: note brokering in multiple states...
1. My ideal situation would be to build a long term note business (buying, selling & brokering) based in my home state of Ohio...how...
Hi BP family,
I am a relatively new real estate investor. I am about to get into a multi-family syndication as a passive(GP) investor. The minimum investment is $50K.
1. Is there anything specific I need to query/l...
Hi Bigger Pockets community, I have been investing in multi-family syndications for several years now and have experienced decent success in the space. When I started, I was living in Southern California and met th...
I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...