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Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...
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Hi folks, hope you're all having a great week!I talked to my tax consultant who also offers the service of setting up rental LLCs. He mentioned $1500 as a one-time setup fee for each LLC. Legalzoom premium service to ...
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Some days i wake up and have to encourage myself in my goal; I must admit i have lost some of the omph' but i am continuing to plug away to accomplish this goal. (some days every body around is so negative its hard no...
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I’m new to wholesaling, haven’t made my first deal yet. I’ve been soaking up knowledge on BP, google, and watching YouTube videos.I’m curious about when it’s time to making a deal and making out a contract, do you nec...
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Hey Guys,After researching real estate for a few years now I finally I bought my first home. Its going to work great because I am going to use it as a vacation rental while I work away from home and use it the rest of...
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Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? If so, how would an appraiser get all data (expens...
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Hello,
I just purchased 2 4-plexes back in january that are right next door to each other. One tenant that was just put in place back in december just before i closed on the property has been nothing but problems. H...
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BiggerPockets Money podcast has mentioned a few times about Pine Financial Group Fund V as a "truly passive real estate" investment. After looking into their website it sounds like a great option for true passive real...
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Hi all. I already asked a question on the different part of the forum and no response so let me try here.I'm looking at the property which is listed @ 316k.It is fourplex with 2 bedrooms/1bath in each unit. No garage ...
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For those interested in the Memphis TN Real Estate Market: 2017 Year-End UpdateHome SalesFor the second year in a row, average home sales prices in Memphis and Shelby County have reached a record high.Average home sal...