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Hello Everyone!I need opinions. This is my second purchase of real estate (not including my primary residence), and the first was several years ago and was a vacation rental property, which was sold after a couple of...
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Here is a deal deep dive that I wanted to share:The property is a a former bank building that is now a Vet office. Cap rate is about a 7%. The deal was financed with $280K in cash and the rest using a home equity li...
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I am purchasing an SFR under a conventional mortgage. I also currently own (100% ownership) a multifamily building which I have a mortgage on. The building is owned by an LLC not by me personally. Due to me being the ...
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Hello & Thank YOU!My name is Colton Davis and I'm a Fort Collins native and aspiring real estate investor (and just an average joe trying to build wealth). I'm an avid listener of BP for about 6 months everyday. I...
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I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC. My property manager told me he's seen people do thi...
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Soo... I hate to resort to this type of question but I have read and read and read and read and then Ive read some more on the subject and in fact am still reading on LLC & CORP with their different tax designatio...
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Hi BiggerPockets!I'm a programmer working in the Bay Area. Since the real estate in the San Francisco area is ridiculous, and ultimately unaffordable for me, I'm looking to do business outside of the area.I have a pre...
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In areas of the country where prices have gone UP, and the only properties left are scraps, would you consider partnering with other like minded investors to purchase higher quality properties? Why or Why not?
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So, we are closing today on our third LLC project. Previously, we closed on a single-family home, which we renovated and rented. We have also purchased a three-unit multifamily that has all three units rented, but h...
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After evicting my downstairs tenant from my duplex, I had to renovate the bathroom. I wanted to do as little as possible but we knew there was water damage in the flooring. Long story short it's been a full remodel do...