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Hello biggerpockets family, hoping to get some advice/ tips on how to go about collecting rent. I currently have them Zelle me to my personal bank amount but I’m Wondering if it’ll be easier to manage using a platform...
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Hello everyone, I'm 25 years old, from CA looking to relocate in the summer to Chicago. I have 15k in my savings specifically for a down payment for a condo (preferably 2 bed, 2 bath but 1 bath is okay). I also have a...
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Hi All!I am just starting out and an looking to "build my team". In the process in looking at interviewing real estate lawyers as my personal lawyer doesn't have the specialties I'll probably need in the real estate w...
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BP Team,
My biz partner and i are looking at a possible flip/BRRR or two in order to gain additional capital for more rental buys. Two questions for the team:
1) what sub-markets/neighborhoods are looking ripe for...
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Not sure where to start with this. I'm a part of an LLC with one other person currently. We are trying to separate from each other. I'd like to leave the LLC and am more than fine with him taking it over....with that ...
Hi,We have been with Citibank for past 15 years. The kind of interest what they pay for savingplus account is 0.10%Wondering if we can move to another bank where they pay better interest rate on the savings account.I ...
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Does anyone have any insight on setting up a single member LLC for flipping properties rather than rental properties? I have heard that S-Corp entities are better for the flipping method, but I'd rather set up an LLC...
I bought a house with cash from pulling a heloc on my home, off market, unappraised (deal was a no brainer in a great part of town.) My original plan was to update and flip it , pay off the heloc and use the profits t...
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Hi - I'm currently managing 19 units for myself and wanted to start using Property Management Software that would eventually be scalable for use in a Property Management business. Does anyone have any good suggestion...
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Hello all! Is it normal practice for someone looking to flip a property to run an appraisal prior to buying in all cash?I understand that appraisals are needed when working with a bank and I believe are optional when ...