Rodrigo Manzanilla
Buying a property but want to bring investors for the remodel
Hi all,
I want to buy a property with 20% down to my name but want to bring 3 private investors to finance the remodel, and then we would rent it out and split profits.
- Is this feasible?
- What are the tax impli...
Dan Miller
LLC registered agent
Another LLC question on registered agents. Sorry if these are minute details (they feel big to me, but perhaps they're not).
Scenario: I set up an LLC in one state (in this case, DC) and then qualify it as a fore...
Julia Li
STR - Optimal LLC Structure for asset protection and taking title
My husband and I are co-buying an investment property with another married couple (our friends) and are planning on using it as our vacation home (taking turns) and running it as a STR. We would like to leverage bonus...
Ian K.
Conventional loan on a rental with structural damage?
Hello,I"m thinking about purchasing a home that has structural damage to the attached garaged. Nothing that can't be fixed but it is possible that a conventional loan won't work. I know about renovation loans which ...
Laura Mrazik
Business Plan - building new primary residence to rent out current home
Hi there - my husband and I are preparing to build our new house (on land we already own). He is a contractor and will be doing all the labor. Our plan is to rent out our current home, which we own, once we move int...
Joshua Christensen
Subject To Acquisition
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $220,000
Cash invested: $500
We bought this as our primary residence on a private owner finance deal. It is a sing...
Eric DeVito
Property Management Fees?
Hi all! Interested in investing out of state and looking to get a 2-4 multi-family unit. What would typical property management fees run me? Trying to figure out how much the fees would take away from monthly rent inc...
Tyler Craig
Pace Morby - Subto Community
Good afternoon everyone! I have seen a lot of people posting about Pace Morby and his Subto community. Pace and his team put out a lot of content daily and some people may think he is just being pushy for profits and ...
Ray Smith
Structuring Partnership with Parents...Advice?
Hi Bigger Pockets community!
My grandad grew up on a farm and was the only member of his family to go to college on the GI bill, after serving in the Navy. He worked his whole life to set his family up for success, a...
Patrick Ryan
Befor and After Photos - and 3 Step Strategy.
I flipped this house in about 2.5 months. Bought for $77k, received $2k commission for being an agent and receiving the buy side commish. So $75k, + $33k rehab/agent fees. TOTAL COST $108kSALES PRICE: $157,500 no sell...