Hello, I just bought my first SFH a month ago and I am researching in how to open an LLC. Are people do this all by themselves (online) using LegalZoom or Accountant? I am a bit confused. What should be my first step...
So I have become somewhat comfortable with straight-forward calculations for buy and hold investments. Things such as 1% rule; CoC values and ROI are now very clear; I also automatically add 5-7% vacancy and also roug...
Should I have any health concerns or resale concerns about buying next to a gas station?
I'm closing on my first property soon. It's a property I've been renting for my business for a few years, and there are three other rental units on the property in addition to mine.
Here is my LLC plan:
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Hello BP!Happy holidays to all! I was wondering what all you Pro members think about which markets a newer real estate investor should consider to begin investing in. I am 35, have liquidity as well as freedom to li...
Creative minds needed! We own a handful of road side motels and are thinking about doing a rebrand and naming them all the same. We rent the units by the week or month, so not your typical motel but also not your typi...
Hello Biggerpockets Community! I am currently under contract to purchase a townhome with owner financing. There is no bank or HUD involved, I am dealing directly with the owner. There is a bit of work that will nee...
So I went to a reia meeting Monday night and the guru pitching his stuff was Andy heller. I don't want to buy his whole system but a lot of it was based on relationships with REO agents. Which brings up a flaw in my b...
Hello everyone! I'm new to investing and have been trying to find a buy and hold property for a long time (off and on). I found a house on homepath and put an offer for 54,900 and the ignored (listed 67k), we went up ...
We bought a home 5 years ago. A total dive in a great area. It's been a great investment. One thing has always bothered me though. Nobody wanted the home because it needed so much work. The listing agent was frie...