I have an opportunity to buy a student housing property that was sold a few years ago for $8M, at a reduced price of ~$5M due to Covid and a few other issues. The property has an SEV close to 50% of the original $8M p...
Hello BP, first time poster here, and long time podcast consumer. Have listened to BP podcast for a couple years and finally things came together to purchase my first true investment property. It was a 1031 exchange ...
Let me start off by saying that I am NOT a financial or legal professional and none of what you are about to read should be construed as either financial or legal advice. Always consult a qualified professional.At my ...
Los Angeles market. Tenant pays rent on time. He has not paid utilities since Aug 2022. I am currently going through the Small Claims process to recover the unpaid amount. The electricity utility account is under my n...
I wrote a very detailed story that just went *poof* so this time I will write in installments. This is a story form my earlier , very nieve, years in landlording. There needs to be some background so the context can b...
Would be interested to hear if anyone has more/better/different information on this issue:
I just set up an Individual 401(k) for my consulting company, which is a single-member LLC. I'm wondering if this might also ...
Good evening BiggerPockets!Underwriting multifamily acquisitions and developments can be oft seen as tedious, lackluster tasks. Due to this, syndicators and fund managers alike have elected to outsource this work. In ...
As we already know when you buy and sell property in Philadelphia, there is a transfer tax you have to pay that comes out to about 4.2% of the purchase price of the property. https://beta.phila.gov/services/payments-a...
Looking for anyone who has worked with or researched working with ProVision in the Wealth Building Program (Tom Wheelwright-Rich Dad, Poor Dad CPA). It's a big financial commitment and would love input before moving f...
Alignment of interest is one of the most important things in any real estate syndication deal. The alignment of interest is when the syndicator actually puts their own money into their deals along with their investors...