Chris Shepard
New Goal: Purchase 400 units this year
Hey all, My brother and I own and operate a small property management and construction company in Portland, Oregon. We've been in business about 5 years. We are also a licensed plumbing company and a licensed contra...
Gregory Schwartz
"Am I experienced enough to raise outside capital?"
"Am I Experienced Enough to Raise Outside Capital?"
This question crossed my mind recently after reading a post and some comments discussing whether an investor is experienced enough to raise capital from outside sou...
Andy Mirza
Changes to Definition of Accredited Investors
There's hope that the definition of accredited investors will change in the near future. The House overwhelmingly passed JOBS Act 3.0 on a bipartisan basis by 400+ votes. With this amount of support, the Senate will s...
Jason Merchey
How Do Syndicated Apartment Holds Fail?
I'm looking into investing a good amount of cash in my first syndicated apartment deal. Buy-fix-reposition-hold. I am imagining there are about 25-50 fairly sophisticated individuals involved on the equity side, maybe...
Adam Tafel
another "poor millennial can't afford a house" article, critiqued
Article:https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000?mod=e2fb&fbclid=IwAR2XL4axyaQpo43fAkn_Q_fWBU3GiHJ9_K6t5c8G6rMnPCfed1KBBXIVhToResponse:Let me set the scene to save yo...
Liliana Ruano
Oceanpointe (and Morris Invest) Property Management Problems
Hi everyone,As mentioned before on another post, my husband and I bought a property through Morris Invest back in August 2016. Everything went smoothly, and there were no issues. The only problem that we had was a l...
Jill F.
Rent and Covid-19-our letter to tenants
Below is the email that we just sent out to our tenants. Keep in mind, most people don't pay rent just because they fear eviction...Most people pay their rent because they are honest and they honor their contracts. Yo...
Ronald Perich
401k vs REI - Data tells the story?
The debate on the efficacy of REI investing over a 401(k) has raged for a long time on BiggerPockets. Thanks to a message from @Christopher Throop, I revisited the topic when he let me know a file I used during an ear...
Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Lesley Resnick
Will Covid kill Cash?
Will covid kill cash?
Digital payments have been growing by leaps and bounds but will this health crisis be the final straw?
I have seen a lot of local businesses request that you pay digitally or in some cases no l...