Im looking for a tried and true syndicator to do my first syndication with. It seems a lot of syndicators have popped up in the last several years, and im looking for someone who has been through the trenches, especi...
Fellow Illinois landlords and property managers,A year ago I rented a home to two individuals who met most but not all of my minimum requirements. In order to mitigate risk, I asked that they provide 3 months of secu...
I have a number of rental properties mostly single family/duplex. I typically charge one months rent for a security deposit. Recently I charged two months because the person was self employed and verifying the incom...
Does anyone know if I need to open 3 separate accounts for my triplex tenants security deposits, or can I put all 3 into one account?
This “financial order of operations” could be your ticket to financial freedom. If most Americans followed these steps, they would find themselves debt-free, with full retirement accounts, passive income, and “wealth-...
Hello BP Fam,I am hitting the forums today with a question due to talking to my bank today. In the state of Delaware, the security deposit must be held in a "security deposit account". My question is do any out-of-sta...
Hello,
My business partner and I have just set up our LLC and are beginning to source properties for our first purchase under our LLC. We are purchasing our first property(s) by using a funding source from someone w...
Hello Bigger Pockets community, I am looking for recommendations for attorneys with experience in Litigation and Receivership and who have a license to practice in Washington state. For context, I and a few friends in...
The Net Operating Income(NOI) is a calculation of the properties operating value minus the expenses the property generates.There are many ways that the NOI can be calculated, but one of the easiest ways is to total al...
I am working on my first deal (in Texas) with passive investors. We planned to create an LLC and have all passive investors be silent partners on the LLC while the active investors will be general partners on this LLC...