I have 21 units and have recently formed a Series LLC for all 21 units. That has gone smoothly with the exception of one unit that I have my disabled brother living in. I have placed 50% ownership of that one unit in ...
Hello all, i'll try to keep this somewhat brief and to the point. My wife and I have an accepted offer on an investment property, our first, which we plan to renovate and sell as quickly as possible. The house was o...
I recently had someone who claimed to be a private money lender ask to log in to my bank account as a criteria, which then I began to get skeptical. And when I began to ask questions of the lender like what his websit...
According to an article in Forbes.com, the most important life skill could surprise you. I always take online reports, surveys, and the like with a grain of salt, but because this article was written based on someo...
Hi Everyone,
I have a question in regards to getting to my true profit from a flip. Below is the example and question.
Say I'm flipping a house and my monthly P&I is $500. With $75 of that being Pr...
Hi, rookie question here. I've been trying to rent out my unit (first time, had inherited tenant before), I have an applicant who makes 5x the rent, but far best income of all applicants so far. However, it is an unma...
Hey biggerpockets community!I've noticed a trend with everything I've been seeing and reading. People that were living in their house they purchased who loved to process of buying a home and renovating it and continue...
In talking with a close friend of mine about my personal real estate investments in 2018 he informed me that he and his wife are seriously considering investing in real estate as opposed to funding a 529 plan for thei...
Hello All,I am looking at some properties tomorrow that I hope will be a good investment. There are 2 duplexes and a triplex. They all seem to be in decent repair (and i would obviously get inspections) but what is in...
Hi BP,I am trying to figure out the best course of action to take and im sure this question has been posed many times on here but some guidance would be great..question is do i try to eliminate as much debt as possibl...