Can anyone recommend a PM in the DeKalb, IL area for an apartment building that rents primarily to college students? Thank you for your input.
Hey everyone. This is my first forum post ever in the history of forums. I find it kinda of funny that as a graphics and website designer by trade I've never actually been a member of a forum. First for real estate...
We purchased a Chicago refurbished duplex, from a 'reputable' developer - #Profitfromrentals. http://www.profitfromrentals.com profitfromrentalsThe deal specifically includes a warranty for all workmanship for 12 mont...
Hi All!I just joined BP and am very excited to get going. I just bought my first foreclosure in Nov 2014 and am learning all the wrong ways to do this (really!)! But it is fun and I hope to be able to replace my FT j...
Question (1) :
I am setting up a new LLC. There is about $15K of rehab that needs to be done on the properties. Instead of capitalizing the LLC with $15K, is it better to capitalize the LLC with a $15K loan? This ...
Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...
Hello BP community, My name is J.W. I am new to real estate investing, I found BP podcast looking to expand my knowledge in real estate. The only deal I have done is the purchase of my own home though I should have a...
Hi my BP Family!
I'm looking for some solid recommendations on lawyers for ad-hoc services. For example, someone to review contracts/agreements and can guide my team on best practices.
I'm based out of Florida, b...
I'm a licensed Property Manager/Investor in South Carolina. I want my businesses to support my family totally. We figured the cost for insurance using Blue Cross Blue Shield and it's like 15,00 monthly if we let our b...
So I have been listening to the Bigger Pockets podcast and have heard a lot about LLC's on there. They haven't exactly gotten into what an LLC does however. What is the purpose of it? I have also heard of different pa...