Hello BP Community! I'm writing this post to begin chronicling the learning experiences we've had so far in the purchase, renovation, refinance, and renting out of a multi-family property in the city of St. Louis. I'm...
Howdy! This might not be the proper location for my question but the people I look up to most tread this section. I recently read in Malcolm Gladwell's book "The Tipping Point" (pg72) that "what separates a great sal...
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
I'm not sure if everyone is on Twitter or Facebook, but there's been a pretty noticeable movement (usually among among millenials / Gen Z) to bash Airbnb / short term rentals. Everything from "creeper" landlords, to "...
This is my first try and after a stressful rehab, I've been on the market for 68 days. It is priced at $290k, $13k below Zillow estimate. I've had multiple agents go through the house and run CMA's and they are coming...
I'm trying to analyze a triplex that's for sale, but the units are fully rented out and the owner wants a written (and accepted) offer BEFORE scheduling a time to see inside. He then said, to go inside I need an "insu...
I was wondering if any of you have had doubts in sharing your candidate property address and price? If it's a sweet deal, then they could just delay your proposal and jump on the phone....
Maybe it's just me. I felt...
I'm looking to get bids for a rehab project in my house, and as such, have sought out general contractors.
I contacted 6 contractors over the past 3 weeks. Of these, 5 have come to get the scope of the project and a...
Hello, BiggerPockets Community! (Man is it good to be here)I got into real estate a little over 2 years ago. I flip-flopped from being a wholesaler to flipper throughout these last two years and have had successes and...
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...