Christopher Reynolds
LLCs and Other Business Questions
Hi everyone. I'd like to know who to contact in order to form LLCs for our rental properties and for my home improvement contracting business (zero employees). Can any attorney form them, or is there a specific type...
Troy Burgett
Tax Strategies and Planning
Hey fellow real estate investors!!I'm new to BiggerPockets. I've been listening to the podcast for a few years but just now joining the community. Disappointed I didn't get online and get active earlier!! I love how m...
Zack Elaroussi
Sell as is or make improvements
Hey guys! Seeking advice.My mother is in a tough predicament and needs to sell her home ASAP.I am a licensed agent, so I will be listing it and know it will sell fast.The problem is it is extremely outdated and realis...
Jordan Burnett
Net Income and Distributions Calculation
Pardon my ignorance, but in reviewing some income statements for investments I'm trying to make sense of some napkin math concerning Net Income and Distributions. For distributions to occur for a multifamily property,...
Account Closed
Bad Credit, Low Income. Options for Homebuying?
Best option FHA? I'm just trying to build up my credit so I can qualify for it. I'm in an abusive and toxic home situation so I'm trying to get a home fast. I'm not sure if I will qualify for FHA. What other options a...
Steven Libman
A Comprehensive Guide to Tracking Key Performance Indicators (KPIs)
A Comprehensive Guide to Tracking Key Performance Indicators (KPIs)
Discover how key performance indicators (KPIs) help us measure the success of various aspects of our business by tuning in today's episode!
Key per...
William T Stephens
During a Recession Business Basics
Avoid increasing, and if possible reduce, your exposure to these financial risks.For example, you'll want to avoid becoming a cosigner on a loan, taking out an adjustable-rate mortgage, and taking on new debt all of...
Jenny Lu
I inherited a fully paid off investment property. What should I do with it?
Hi fellow investors,
I recently inherited a fully paid off investment property, I estimate it's worth $500k. It is currently cash flowing $1300 a month. I have student loan debt from grad school with a balance of $16...
Patricia C.
Trying to purchase multiple properties
HelloI currently own 2 properties. One is currently rented in Greenwich CT, the other I just purchased in Norwalk CT and in the middle of renovations before I rent it out.I would like to purchase a 3rd home by the end...
Justin Ossola
Cost Seg in 2024
I've previously found cost segregation studies to be highly beneficial, particularly as a strategy to offset taxable income from both my full-time employment and rental properties. These studies have enabled me to tak...