There is a great discussion on BP about LLC usage and caveats for REI properties here which highlighted the need for competent CPA who understands these waters. This may seem self-evident but can I get some feedback f...
Hello Braintrust!I have a Health Club / Fitness Center that's been closed for a few years. It was the best and nicest property when it was built and was very popular for a long time, but it didn't get the reinvestmen...
A few minutes ago I was going to respond to yet another "I need a CPA" post and noticed I was currently sitting at 999 posts. So I decided to instead detail how contributing to BiggerPockets (BP) has helped me grow pe...
I will be acquiring my first rental within the next 30 days, and I started thinking about what strategies I can utilize in the future to mitigate risk and hedge against a market downturn. I'm not saying one will happe...
Hi all,So I manage a retail strip (9 units, 2 are vacant now) in Cypress, TX. In each of the lease that we are having with all of our current tenants we have a Landlord Prohibit Uses list below. Last week we had som...
Hi -
I'm evaluating whether to convert a long term rental to a short term rental (STR). One STR property manager with a lot of experince said a house with 4 beds 1.5 baths wouldn't work. She suggests I add a bathroo...
I am looking at an inn that sits within walking distance to a big lake in a nice area in NY state, Catskills. The inn has been closed for 5 years without any upkeep. I am attracted to this property as it has old wor...
I have a bar and live music venue under contract in a smaller town outside of Houston. I threw in a low ball offer not expecting it to take and they took it. The previous owner died but he has redone the building comp...
I own a small lot of land in the Halls area of Knoxville. It is next to a golf course and a condominium development. I'd like to develop it into multi-family housing or condos of some kind. Who should I contact to hel...
Hey I'm new to the real estate market and I'm in need of more information on how to get started. I've seen alot of potential properties in Baltimore that needs work.