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Hi Guys, I am interested to know the strategy to buy +60% of controlling shares of Co-Op building in order to convert it into rental units, has anyone been involved in this kind of deal? My concern is that what if the...
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Hello,
I'm slowly easing through the process of purchasing into a Co-op via my books.
I've read that when purchasing a house, have a "Buyer's Agent" on your team is a must. Understandable....
But I'm purchasing a C...
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Good Morning,I am trying to figure out this distribution to avoid future fights. Say a $3M property is owned 3 guys. Max contributes another $1M to the property so his ownership percentage increases to 50%. Later the ...
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Hi all! Hoping for some advice here.I purchased my first 2 unit Oct 22 and currently occupy the 1st unit duplex as my primary home. In November I submitted my shared-housing application to Chicago’s BACP, with the hop...
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I have a list of tax delinquent properties that I will be direct mailing in the near future and am torn between sending a very straight forward yellow letter or sending something with more information. It is my under...
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So I met with a CPA yesterday (whose name I got from Bigger Pockets actually) in my area. I loved him about as much as a straight man can love another man within minutes. Downside is... He charges about $750 per year ...
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For experienced investors out there, can you share how much of your returns is attributed to cashflow and how much due to appreciation? 50/50, 80/20, etc.?
Can you also share when you started and where your investmen...
Dear Bigger Pockets Community,
I am moving overseas soon and looking to share a percentage % (maybe 10-25%) of the profits from rental income as way to create vested ownership in properties with the incentive for th...
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Hello BP-I am studying up on the commercial (apartment) market in Sacramento, California. If you are an investor or entrepreneur and have done a deal and/or already managing apartments in Sacramento, can you please sh...