Account Closed
Business formation with a partner in Boston
Hi, I need some guidance on business formation. I will start investing with a partner and want to make sure I do it right. Ive heard that is best to set up a corp with a mixture of LLC and then a sole prop for my indi...
Virginia Houston
Investor Relations and Management
Feedback is so important to the structure and progress of a company. Looking at the feedback on Bigger Pockets, it seems as though some items surrounding Suncoast Property Management should be addressed. At Suncoast,...
Bobbi Casalino
Using Cash-Out to Buy, Reno and Lend
Where I'm at today:
A) getting 1.2m cash-out of my 8 family in Brooklyn, at 5.75/ 30 year adjustable with $60k in closing costs (NYC Mtge tax is 2.8% so that's 33,400 right there). ** How's that sound? Are there be...
Account Closed
Edmonton's Best Property Manager?
Hi Everyone!My name is Matt and I live in Vancouver.I'm a newbie to the investment game but very keen, I've spent a year doing research of various kinds. Looking to make my first rental investment purchase in the city...
David Robertson
When is the bigger pockets IPO?
With the IPO craze that has recently overtaken the stock market, (Linkedin, Pandora, Zillow, etc) is it only a matter of time before we see a Bigger Pockets IPO?
Carlos C.
Management LLC bank accounts
Hi,
Im restructuring my rentals and several members, articles and youtube videos suggest to have a Holding LLC and have individual LLCs inside of it owning one RE property per LLC.
Then open a traditional LLC to ma...
Michael R.
BRRR Issues - Land Contract Refi Options?
Hello All,I purchased an SFR last August from one of my coworkers using seller financing with the original intention of flipping it. This was his mom's home which was owned in a trust, and they decided to use a land ...
Account Closed
Mortgage Rates - April 2015
Got a quote for a 30-year fixed at 5% with 20% down on investment property. Does that sound about right? My credit is excellent.
Tud Jones
TARP, P-PIP.
I got a letter in the mail about TARP, P-PIP, and how a firm here in Vegas could buy my loan from the mortgage company then use TARP money to subsidize a reduction in principle/negative equity of my mortgage. I calle...
Jason H.
JV Split, Settlement, and Capital Gains
Hey there BPers,Question: I'm JVing a deal (50/50 split net sale proceeds) and I am curious as to when this split should occur to avoid incurring any unnecessary capital gains taxes. I'm assuming the 50/50 checks wo...