Are there perks to becoming an accredited investor if one is planning to just invest in SFH/MFH? Does the designation help in building networks or being looked upon more favorably by lenders?
My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
Hello Pocketiers!
Another newbie from Milwaukee (a.k.a MILL-E-WAH-QUE according to Wayne's World:))
I am finally sending out my intro post after many months of reading and listening to the excellent podcasts and jus...
So I'm doing major rehab of a 5 unit in San Diego and scratching my head on one particular "feature" of the buildings.
The ceilings are really nice vaulted open beam ceilings with stained ship lap tongue and groove f...
Hello, all,
I just passed my EXAM today and I continue to struggle with selecting a Broker to Affiliate with??? I have considered it for some time but now I have passed my Exam, I need to make a decision!
Does an...
I have have had 2 long term rental properties for about 10 years. Now I am considering a short term rental in an area like Florida or Gulf Shores, AL. I would like to be able to use it when it is not rented. I was...
Hello BP family, what have you found to be the best way to collect rent? I'm closing on my first deal soon and currently some of the tenants have paid cash through PayNearMe. But that service is not available to sole ...
For the past 17 years I've been practicing as a real estate attorney, broker, investor, urban planner, syndicator and owner of a mid sized property management company in California. It has been my experience and obse...
Long time lurker first time poster. I am 23 living in Dayton and I am a Designer / Draftsman with an architecture degree. I've been casually 'Flipping' motorcycles and cars for the past 5 years and want to get into re...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $705,000
Cash invested: $70,000
Classic house hack situation, with a TON of mistakes/lessons learned.
This...