Justin Minikes
Where A Newbie Out Of College Can Go
I’m 4 years out of college and have approximately $30K+ saved up in my bank account. I am looking for a strategy to get into real estate investing, but not sure where to take it. I am currently living in an apartment,...
Stephen Keighery
SBA Disaster loan changed
I just got an email about my application for the SBA economic disaster loan. It appears they have changed it from being a $10,000 advance, be being $1,000 per employee pre-Corona up to $10,000. I think they are trying...
Brendan August
W-9 for General Partnership or Owners in Common?
My partners and I were just given a W-9 by the organization that pays our tenants rent. We have a DBA and an EIN however we have not officially formed the Partnership and filed paperwork with the state (Maryland). We ...
John Andersen Schuck
Massachusetts SFR Rental Going Strong
Investment Info:
Single-family residence buy & hold investment in Beverly.
Purchase price: $215,000
Cash invested: $40,000
Purchased distressed property in 2008, upgraded it, lived in it for 2 ye...
Tim Simpson
Multi-Housing depreciation questions for a multiple person LLC
The following scenario is a hypothetical but fairly close to the real life situation I’m in. I’ve simplified things in the scenario for clarity.Five years ago, two others and I formed an LLC to purchase a multi-housin...
Travis Grossman
Making moves on our first buy
Hey guys, my girlfriend and I are putting our first offer in on our first buy and I would love your thoughts/insights.
Located in Sacramento CA, in foot hill farms.
4 plex
Built 1965
Remodeled in 2014
Lot sq ft. 8202...
Khaled Seirafi
Property Tax Cap for New Commercial Tenant & Thinking of Selling
My family's owned a mix use building in San Mateo, CA for close to 40 years now and we have a potential commercial tenant looking to fill our last vacancy. Now these tenants are trying to negotiate property tax and in...
Lorraine Massillon
What to Do After Home Inspection
What do I do now that my home inspections was completed and we found a few issues, ie. obsolete electrical panel and busted water heater. Can I renegotiate my offer, or have the owner pay for it. I didn't specify that...
Hannah Westner
50% rule in New Brunswick (Canada)?
Hello, BP newbie here. I was watching this video by Brandon recently and found the method interesting for helping to identify properties that might be worth a second look (https://www.biggerpockets.com/renewsblog/201...
Russell Grevler
How to handle rental income from various properties?
We’ve been renting out my property in the Catskills for the past 6 months. I’ve subsequently purchased another property(hoping ready by March), but we will also be managing 2 other airbnb properties(we do not own them...