Hi BP, I meet with my first owner this evening, nervous to say the least. Looking for input as to what I know so far. A few things first, I do not have it under contract. I have not seen it due to current tenants, wi...
Hey BiggerPockets Community! I am putting in an offer on my first multifamily property. I won't be house hacking this one, as my wife and I already own a single family residence and aren't in a position to sell it or ...
There is a mobile home park that just went up for sale in my area. It is a small 5 unit park with only two homes on two of the lots. The homes look pretty junky. She is not asking much for it. I think I could get it f...
Hi everyone,I am an investor in Washington DC, and currently have a single-member LLC that is treated as a disregarded entity for federal tax purposes. My question pertains to local business taxes in Washington DC. I ...
I am opening my first business account to receive revenue and pay expenses for my 7 rental properties. I would like to use this opportunity to build business credit. Do any of you have any tips to get this set up to b...
Hey Bigger Pockets!Hope you all are doing well!I have spoken to several banks in the local Chicago area about loans for LLCs. Anything residential will have to be a personal loan and only commercial can be given a lo...
Over the last two weeks I have been fortunate to analyze a few deals.
This particular deal is a 9-unit apartment building with store frontage and a restaurant. (Most of the apartments are Section 8, located...
Hey Everyone,I'm trying to put together a Discounted Cash Flow (DCF) analysis of a potential 5 unit commercial property that I'm looking to purchase. I'm new to running this type of analysis so bear with me.In calcula...
Down here in the Tampa Bay area, inventory is very low (1.6 months). House prices have risen to the point that even crap homes are going for top dollar. No one is negotiable. Houses are being listed on the MLS and onl...
** I know there a few previous threads on this subject. I've read through them -I wanted to start this in case anything is new since the last thread/others that hasn't saw those perhaps wanted to comment here - as we...