Paul Whitford
LLC or Not for First Rental?
All,Long term follower of BP and gearing up to get my feet wet with my first rental property.Equity will most likely come from my parents and I (not a proportionate split). Would it make sense to structure this throug...
Jairo Ortega
REI Nomenclature Equity vs Cash vs % Ownership
I’m trying to sort out some finance nomenclature and how it relates in partnerships. I understand that in a typical capital stack, when financing a property, you’ve got debt and equity. For example, if you get an 80% ...
John Chapman
Forming an LLC for multiple properties
I have over 10 properties with a partner. We are going to create an LLC. I first envisioned having an LLC that would have all the properties in our portfolio. When I saw my tax advisor/attorney, he said another opt...
Bryan Hancock
Recognition Of Partnership Values On PFS
I was wondering what method folks use to value their in-process partnerships on deals they're working on when they submit their PFS to lenders. Things have become quite complicated to account for lately with all o...
Jeremy Porter
Essential Records Tenants Commonly Request from Property Managers
As a property manager, my responsibility extends beyond the day-to-day operations of maintaining a property. It also includes ensuring the maintenance of accurate and organized records, which is vital for effective pr...
Steven Parker
House Rich, Cash Poor
I purchased a single family house hack in Tacoma Washington February of 2020. Roommates have been covering the mortgage, so I've been able to pay off a lot of my credit card debts. I've been fortunate to benefit from...
Zach Stecklein
New Member - Walla Walla, WA
Hello BP community! I've been trying to learn about REI over the course of the last couple of years and I am finally in a position to make it happen! I just moved to Walla Walla, WA and looking to gain knowledge anw...
Tyler Daly
Too Aggressive With My Roth IRA Contributions?
For context, a quick background.I’m 23 years old, just graduated from college, making 45k a year (going to be relatively open here about finances because I want the most accurate feedback)I have about 60k in student l...
Robert Chaiton
Self-Directed Solo 401(K) Real Estate Investing
Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
Ian Springer
Financing a home build with another investor
Hello,
A good friend of mine bought a property at a tax sale, its an old abandoned house, he plans to demo it and build a new home to sell.
He needs financing of which I am able to cover 80% of. So we ...