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I attended a recent webinar where a syndication principal was cautioning about the 1031 exchange ability of LP and LLC entities.He was saying the they must have a TIC form in order to conform to the 1031 rules. Speci...
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How do you guys track rental income from your properties? More specifically, do you put it into a bank account (savings or checking) that is specifically for your rentals? What are the disadvantages/ advantages. I onl...
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Hello Bigger Pockets community. So I am 20 years old and I have a part time job. I am currently writing out a plan to present to potential partners in my area so that I can get the ball rolling on investing but...I wa...
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Hi BP Friends! I have started my REI journey by reading the Ultimate Beginner's Guide, watching some webinars and reading some forum threads, really enjoying it so far. I have a lot more to learn before I make that ...
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Obviously, the goal of owning buy and hold real estate is to maximize cashflow and NOI. I have a 41 Unit Apartment Complex that I'm analyzing that has great potential but it has one issue, the WATER BILL. The water bi...
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Hello everyone!
My plan is to move to the Madison area upon my graduation in May of 2022. I am somewhat familiar with the area and want to start learning and preparing for investing there once I move there. What are ...
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Hi, I'm currently trying to start my real estate journey. I have a loan pre-approval and "some" money for a down payment (though my loan costs would be lower if I had more). I know having a mentor is good (accepting a...
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Hi All,I wanted to get a feed started regarding opinions on the pros and cons of taking a multifamily building, in my case 4 units, that is currently on one water line and separating each individual unit. The current...
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Just curious if anyone has done this:
If you have two properties right next to one another with complementing features, is there anything preventing you from creating individual listings for each, but then a third l...
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Hello BP,In the last two years I moved back in with my parents, paid off my remaining debt, and saved a little over $100,000. I consider myself firmly planted in the learning/preparation phase of my investing.For the...