I've read that you should 'have a lawyer set up your LLC' for maximum protection. What are the benefits to having an attorney set it up vs doing it myself?I've been researching the required documentation/paperwork/pub...
The COVID-19 pandemic triggered a wave of changes in commercial real estate investing. Remote workforces and e-commerce trends have significantly impacted retail and office asset classes; however, the multifamily asse...
Hello Bigger Pockets Community!
I have my second investment property under contract (a win in itself given this crazy market!). I have a business partner that is also joining me on this adventure. We are now look...
I know there are a lot of wholesalers that are shady/ dishonest. Have you or anyone you know ever had a positive experience with a wholesaler ? what value did they provide to you as a buyer or seller? were there any e...
I have 4 rental properties in Missouri but live in California. Planning to form an LLC and transfer properties into LLC. I will be an only owner of LLC to avoid filing a separate Federal tax return.Questions :Does i...
Asking Price $180,000Gross Monthly Rent = $2,650Additional Income = $175 (plus or minus; laundry)Owner pays water & trash (I don't have numbers yet), tenants pay electric.Taxes = $1,400/yrBased on those numbers it...
Hi,
I just went under contract on a 22 unit apartment building in CA. While I own numerous duplexes and SFRs, this will be my first true apartment building. In addition to inspecting roofs, HVAC, electrical, ...
Hi I'm a new investor in the NYC area and I'm putting my team together to do lease options, and wholeselling, I need an attorney to form an LLC for me.
Hey All-
I am looking to structure a deal. If I am looking to purchase a $500,000 property, and need to raise $125,000 for the equity component from private investors (at 75% LTV), how do I entice investors w...
I am in the process of setting up a new entity in Texas that will replace my old operations entity that I've been using for the last 14 years. I'm engaged to what will be my 2nd wife after a lengthy and somewhat cont...