Austin Jones
New guy in St.Louis!!!
Hey Bigger Pockets!
My name is Austin and I’m currently located about 15min south of St.Louis. Excited to get started on my real estate journey and wanting to start in wholesaling and eventually move to multi family ...
Evelyn Randolph
How to cover roof repair before purchase
Hello, BP Community!I reached agreement with a seller to buy their 12 unit building at a very good price, but the property is located in an area where I'm required to have windstorm insurance because it's location clo...
Jesse Fragale
Partnerships - How to divide the piw
Hi All,First month at BP and its been awesome!I am curious to get members opinions on how to split real estate when you have two 'managing partners' (manage all operations of the investment) and 2 or more investors. ...
David Vincent
How to Respond to a Bank
I am in the process of refinancing (cash out) my personal home. I am almost done but the banks wants to know about my real estate business first. I actually forgot to disclose that on the application. I buy and flip...
Pam Truesdell
who owns the home now?
Hi if I can get some info. Is this for Florida only or other states? We live in Florida. My grandparents home was left to my Dad & his brother & his sister. No spouses names were added to the deed just the 3 s...
Chris Anderson
Structure of real estate syndicate
Hey everyone - Looking for advice on how you have setup and structured your syndicates. Specifically, I am looking for the best formation to appeal to lenders. We obviously cant have all our limited partners underwri...
Jason Bilbrey
Can I “sell” excess bonus depreciation?
I’m purchasing an office building for $5+m in 2022 with plans to do a cost segregation study to take advantage of 100% bonus depreciation. I won’t be able to use all the depreciation immediately and it’s my understand...
Mario Brown
Multifamily 8 Unit Forced Appreciation Example
I took on an 8-Unit MF value-add play January of 2017. (Greenville,SC) I want to share a visual representation of the value added. Hope this helps any guys thinking about attacking the same type of projects. Scroll t...
Harrison Biddulph
Reporting rental property income (tax questions)
Hello Everyone,
My sister and I recently inherited a paid off rental property that nets around 20k a year. This house is held within a living trust that my parents set up. All assets within the trust are supposed to...
Kate Zieverink McMinn
"I own 164859948 Doors"
If I own a duplex by myself, a 4 family with a partner, and a 12 unit syndication with 3 other people...
Do I own 18 doors?
Do I own 7 doors (2 + 2 + 3)?
Obviously ownership isn't split up this simply or evenly...