My wife and I are mainly looking at 2 towns for our first primary home purchase. We're used to renting in North Jersey at $2,400 a month comfortably so that's our budget. In town #1 we could buy a house for $300k b...
I attended a recent webinar where a syndication principal was cautioning about the 1031 exchange ability of LP and LLC entities.He was saying the they must have a TIC form in order to conform to the 1031 rules. Speci...
The situation I describe here of course can and will be handled by a qualified attorney. However I want to understand all of the options and steps myself, even if an attorney will ultimately handle things.Please forg...
Hi new to the forum here. We just started flipping some homes recently and very happy with it.
We are hoping to start looking for some investors to work with us, so that we can afford to purchase larger homes. I ...
Hello All,
For many of us we are familier with certain metrics used to evaluate deals in asset classes such as Multi-Family, Self Storage, Mobile Home etc. when vetting a deal and a sponsor. However, if one were con...
30k in cost segregation just saved us 400k in income tax this year! If you own property valued at 400k each and up and pay income tax, I strongly recommend it.
Hi All,I want to get started buying notes and wanted to compare apple with apples. I have been running some hypothetical use cases and been comparing the returns with more traditional investment assets, and there must...
What would you do Bigger Pockets Nation?
I came across a 23 Unit Apartment Complex for sale in my Search for motivated apartment building owners and after getting some detailed expenses from the seller I rea...
I am just starting out, so I don't see the whole picture of multifamily business. How many people there really know what they are doing? I think, I can get at least some kind of picture by asking on BP, because right ...
I am just getting into REI so this may be a very basic question for most of you but I've been struggling to figure out what is more important cap rate or ROI. And is the ROI denominator (investment basis) only the amo...