Donovan Cano
How do people find "mentors", and what exactly does this mean?
I know a mentor can be anyone, but for someone who doesn't personally know any real estate investors, how would I go about finding one to advise me? I might have a deal, but I'll never know unless I can ask someone wi...
Jennifer S.
One Electric Meter for Two Units
I'm considering purchasing a triplex where two of the units share an electric meter and all three units share a water meter. I'm not purchasing this property at a discount so I want to make sure it's worth it. Is it w...
Frank Alfano
New to BiggerPockets: Seeking Tips on Private Lending - Finding Multifamily Property
Hi BiggerPockets community!
I’m Frank, based in Northern NJ, where I invest in multifamily properties and short-term rentals. My real estate journey began in 2010 with a three-family property that I lived in, renovat...
Marco Padilla
What to do when your rental property has a fire and we are out of the country?
Hello everyone,
I am the owner of a rental property and currently
out of the country. Unfortunately, I received the devastating news that
my property has caught on fire. As I am unable to physically be present ...
Mark Updegraff
BP profile information - full disclosure = competition?
Anyone else a little paranoid about giving away too much information on the physical areas they've become experts in?
I love helping people out, and also seeking advice on this forum. I'm just a little concerned tha...
Alex R.
What is the norm for ownership and sharing the cash flow when three partners purchase an income property?
What is the norm for ownership and sharing the cash flow when three partners purchase an income property?
Let’s say one does all the work, the two others come up with down payment.
Is everything going to be divided ...
Nick Zasowski
How to transition a property from Sole Proprietor to LLC?
Hi All, I read a bunch of different forum posts on the different approaches, but was curious if anyone had the tactical (step by step) process for this question. 1. What is the step-by-step process to transition an ex...
Derek VanWinkle
Converting 3/2 to 4/2 in College Town
I bought a 3/2 home in a college town about a year ago and have been fixing it up while I'm living in it. I've also rented out 2 rooms to two friends during that time. The home currently has a formal living room, den,...
Jean Claude
Should I create a holding company?
Currently I have a few duplexes already rented and I wanted to know if I should create a holding company.My first question is do you have to put your deed name under the holding company ? Or can you run the holding co...
Kevin Zou
Any tax implication to move my property from personal to my llc?
Hey All,
I want to move 2 of my investment properties under my personal name to a LLC that I own for liability purposes. Is there tax of any sort that I will need to be aware of if I do that? I am in New York City, NY.