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It's been nearly 2 years since my first post "$1,300,000 Deal at Age 21 & I'm Retired!", I wanted to share an update. Last year, 13 months after I bought my first 20 unit apartment, I had increased the gross month...
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Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
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Hello Group. I am in the beginning phase of my journey towards 1st listing. So every variable, and every unknown is an uncertainty that I need to flip into a confirmed piece of information as I move forward. Request ...
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I have some friends, family and peers that would like to begin investing with me in apartment buildings. Looking for any advice on the best way to structure the deal. I want to make sure I get paid since I will be the...
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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
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I currently own one rental property and planning one more by the end of year for cash. What are the advantages and disadvantages of doing this as opposed to financing.
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Hi BP Fam! I am a newbie investor and I've been doing a lot of research, reading and podcast listening over the past couple of weeks and came across BiggerPockets along the way. Currently, my goal is to start with p...
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Hey community,I am really interested in making real estate my day to day job but I have no idea how to start off. I have money to invest and I have some experience with construction as I have worked as an electrician ...
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Just listed my first flip. My agent did the comps and after doing my research I instructed her to list a bit lower. The property is at 20 DOM now and there has been 4 viewing with no offers. This flip is in Baltimore ...
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My brother and I just secured our first property it was as duplex that we were able to house hack and I will live in one side for the first year. The bank said I have to move into one side in 60 days. We just closed o...