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Hi BP Community, Towards the end of this month I will be closing on my first duplex to House Hack in the Minneapolis, MN area. So far I am remaining confident in my numbers/reserves amidst the current conditions and ...
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Hello BiggerPockets Community,
I'm kicking off the new year with an exciting venture: I've just established my own real estate investment LLC!
I'm currently exploring banking options that align well with this specif...
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Can any real estate investors provide me with the minimum acceptable rates they will consider undertaking an investment property with? Such as Return on equity, cash on cash ratio, current yield, overall capitalizati...
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Hi all,I am having trouble figuring out which report in Quickbooks I can run that will tell me what by cash flow is for each property. Profit and Loss by Class lists my revenues and expenses but of course does NOT inc...
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Hello All,
I am just getting started with investing in real estate and want to make moves to purchase my first rental property.
Assuming I do not establish an LLC or other business entity to 'own' the property the f...
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I'm a 1st time OOS investor. The Property Manager now says will do all duties (including getting the property rented /maintenance calls etc) except rent collection & tax deposit. AND so will not charge ANY monthly...
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I have a friend who has been using an LLC to manage 2 properties for the past 10 year usign Turbo tax
So they have 2 partners, Each of them has a property titled under their individual names (partner 1 ownes prop 1 ...
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I now have an LLC to hold the properties. How does that affect my financing. I heard banks don't lend to LLCs so I'm a little confused on that. If we buy under individuals name and then move the title, would I risk...
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Hi,
I am an out of country potential buyer in a rental property in the US. I have some concerns and questions:
1) Any advice as to how to start? For example protect myself from buying a slum or a money pitt. I am lo...