the Scenario:We have an LLC, 2 long term rentals, 1 short term rental, 1 future short term rental about to undergone renovation. I have a general contractors and interior design license. I’m required to have liability...

Hi BP Community!So after purchasing our primary residence a little over a year ago, my wife and I have decided to sell it and purchase a multifamily to 'house-hack' and kick-start our rental portfolio.  But first, in ...

Hi, everyone,

I need some input. My broker sent me an opportunity to buy a 90 room, full service hotel in a rural area, and the price seems low- the owner wants $475K. The biggest problem for me is: ...

Hey Bigger Pockets!Its getting busy here in Seattle for me and I would like to post more than I do.  In the mean time, I thought I'd write up this property that we just sold because of the challenges involved and desc...

The economy is doing much better than it was last year at this time. All of us have seen local small businesses close doors and move on. Buying a commercial mixed-use space multi didn't make too much sense in 2020 unl...

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.
This provision allows taxpayers to expense certain qualifying assets upfront instead of dep...

I'm quite an experienced investor in the residential space (15+ SFR and duplexes) and going under contract with an industrial commercial space. My business rents itself and I'm quite familiar with the general terms an...

This is my first post although I've been enjoying the discussions and learning. Hope this is in the right forum.

I purchased a rundown, duplexed 1850s house in a rough area of downtown Charleston for my small...

Purchasing 5 unit for $260K in Chicago on the southside.  The building is in great shape, particularly the common areas, basement, boiler, roof, exterior, electrical, and 3 car garage.  I was disappointed that the int...

We are considering two options as a first rental property:

1. A condo unit in the center of one of the fastest growing business hubs with a very good view of the city skyline. It's just a walking distance fro...