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I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...
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Hey guys,Just curious if you can help me analyze a deal. There is a condo that has been flipped nearby for sale at $78,000. Im going to offer 76,800. Below is my calculation. Is this accurate? Second question. there i...
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Hey all, I am an agent in the Chicago area (mostly South Side, South, and SW suburbs). In my 6.5 years, I have mostly focused my efforts on traditional homebuyers and sellers. Considering that I want to get started an...
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Looking to hear from investors who have had success with BRRRR. Also, if anyone has used the BRRRR method to acquire an apartment complex.
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BP landlord's! Last month I rented a one bedroom corner unit apartment to a new tennant in a 100+ yr old historic building that really is an amazing space. Tennant was young, great personality, awesome references, c...
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I need some advice in regards to dealing with a seller who’s been an investor for a long time & is a very “straight shooter”, who’s willing to sell, but doesn’t need to sell. I spoke with the seller earlier & ...
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Hey guys,
I've spent a good part of the day looking for designs, researching products, and honestly I feel like I've achieved very little.
Yes, I've tried to search BP and couldn't find what I'm looking for.
I know...
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Hi to all,
I had a consultation from a referred lawyer (here on BiggerPockets) a couple of days ago. The Youtube videos and a few reviews were excellent.. but the person that I had as an advisor was a "presenter" no...
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What are the top 10 things I should be able to fix on my own that I don't need a contractor or repair man for? I'm trying to house hack and limit my expenses as much as possible. Steve
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I am a construction project manager working in Palo Alto area. I saved up some cash enough to do my first real estate project. Currently, I am thinking about buying and flipping a house in East Bay area using my conne...