Rick Schneeberg
New Member from North of Boston, MA
Hi Everyone,
I recently became interested in commercial real estate investment and have learned how difficult it was to get started while reading through the BP forums and other sources. While formulating a plan to ...
Kyle Kovats
Return ON capital VS. Return OF capital in syndications
How are your syndications OA's structured, return OF or return ON capital? Here is an example, 7.3. Distributions of Net Cash Flow. The Company shall distribute Net Cash Flow as follows: (a) First, an amount, if any, ...
Francois Frigon
Scenario for using 401k funds
Hi, I'm new to RE investing... need you to comment on my thinking...I'm looking to purchase an 21 units apt building for $950k. I'm hoping to use $285k as a down pay from my 401k (through a Self Direct I presume). ...
Dennis Standers
Rich Dad Poor Dad??/ Realtor's license
Hello everyone Newbie here, So what about this Robert Kiyosaki? Is this something I should be reading? Or is he a some fake trying to scam money? Part two: Is it a good idea to become a realtor to invest in rental pro...
David Glanville
Anyone from New York, New York
I'm wondering is anyone is in the New York City area on BiggerPockets?
Mike M.
use of LLCs for holding rental properties
I read a business plan for multi-family properties and I had a question on use of LLCs. It recommends you have one LLC for the PM and then a separate LLC for each property.
If so, I'm wondering to you handle that...
Kyle Deutschmann
Freddie Mac expands guidelines to allow rental income from ADUs
For all you potential (and current) house-hackers out there - Freddie Mac announced recently that they are expanding their lending guidelines for conventional mortgages to allow rental income from Accessory Dwelling U...
Justin Razmus
Lease option, then sell. Need advice
I've flipped some houses in the past, but have never used any creative financing. I have a chance to buy on a lease option, do minor repairs, and sell easily for about 10k profit.
How does this work when I sell the p...
Bryan Beal
1031 Exchange ----> Reinvesting in LLC
Say someone wants to sell off some SFR properties they currently own (individually) and take the proceeds as a 1031 Exchange and invest into a LLC that is going to invest in single family real estate. Under what circ...
John Hickey
Northern Westchester Meetup
Trying to gauge interest in a once a month week night Meetup.
I have been to a few and had some good interactions. For this Meetup I was thinking a week night 8-9 pm and casual. Introductions are great but no spe...