Ok, so after a recent visit to my CPA for personal taxes, I was asking how I should set up my accounting. I have read a variety of articles on BP and they have been helpful but not exactly specific to my problem. Righ...

#1 – Headspace and Mindshare
Last Tuesday at 2:13 PM in the middle of a client meeting, I received a call from the property management company that manages my three remaining single family houses -- I was asked to ap...

I am looking at a 59 unit complex it was built in the 70's and it is in good shapeit is a class c complex I am talking to the bank (conventional comm. loan) he willgive is a 15year amortized loan with a 3 to 5 year ca...

Valuing a Mobile Home Park:

I want to know how many lots there are, how many are occupied and paying, what the lot rent is, what expenses the owner is paying, and who is responsible for the water lines, sewer lines,...

Hi, I realize that I need to speak to a CPA but I am trying to figure out as much as possible before I do so. Any help is appreciated.  In 2016 I started a single member LLC.  I purchased a property in June but it was...

Hi there, looking to house hack a quadplex. Property value is $1.2mm and newly renovated, was purchased for $850k in 2020. I am in talks with a limited partner/investor but they are unfamiliar with the area and real e...

Hello,

I'm new to REI, a month ago I wouldn't even know what REI stood for... I am looking at two properties, in the same area.

Duplex:
Listed 67k
2 BR UPR 425, includes washer, dryer, stove and ref
3 BR LWR 675 inc...

Hello Biggerpockets family,I am looking to raise money from family members to start flipping my own deals. I have three people that are willing to invest. I will be using this money for down payment of a hard money lo...

I have a partner and we are looking at purchasing our first rental jointly. If the property is in one person's name, how would you split the write-off deduction benefit? 

Who invests in Galveston County and how’s the market been for you?