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I just took ownership of a Multiplex with 4 units. I have two long term (6 years and 12 years) tenants are on a month to month lease, one tenant that just signed a lease agreement in November and another tentant that ...
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Hey there BiggerPockets Community. My name is Tommy and I'm new to the REI world but I've had the desire to get into it since I bought my first home - primary residence in 2020 but never had the capital to start. I w...
Has anyone worked partnerships between Canada / US residents. I have a few in network that are looking to deploy funds from Canada into the US. We're unclear if this would be best completed by a limited partnership, o...
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If you want to learn about multifamily, the following podcasts will teach you. To find these, search Itunes or Stitcher for the following EXACT words:Best Real Estate Investing Advice Ever with Joe FairlessThe Lifetim...
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so I just recently filed for my LLC and Ein. After I received my employee identification number, I was told that if I want to, I have the option of filing form 8832 "Entity Classification Election" and elect to be cla...
So I have a question that I've doggedly tried to find the answer to. I've heard from the REI community that it's best to put each investment property under their own LLC for personal asset protection. However I'v...
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I'm writing this post to get everyones opinions on a deal I'm considering.All of my previous deals I have purchased were for cashflow. This deal I'm considering has minimal cashflow( 1K-2K a month) but has a high equi...
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I know at this point I need a CPA. I'm seeking advice what to do after my flips to remain on uncle SAMs good side without killing my liquidity. All advice is appreciated , I'm sure there are many members in my same bo...
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Hey everyone. I've been listening to the BP podcast for a while now and decided it's time to start getting myself educated a bit more here in the forums. I'm a retired Pastor who is now an online entrepreneur, running...
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Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...