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Hi, I am about to get my real estate license in Pennsylvania and have a family friend that wants to sell his distressed property for $5000 dollars. This is not a lot of money for a property so he told me that he would...
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Trying to buy a single family home in north FL or more like planning to, my main thing is I'm not sure how much money i need saved up to start this process Looking to buy under 70k nothing big 2 bedroom probably can ...
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Hi everyone,My little cousin lives in South Jersey (Cherry Hill area), he drives for UBER and make decent money. On average he makes $1500 a week in less than 40 hours. He's trying to rent an apartment and got denied ...
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Hello Bigger Pockets Forum. I have been doing my best to soak all of this goodness in for months and I am beyond ready to take the plunge. There are many details that play a part, but in an attempt to oversimplify - I...
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Help-
What can I do now, county stopped my construction because I slightly overcleared my lot, inspector told me to fix siteplan to show overcleared area and submit and inspector said I will approve it next day. Tha...
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I've heard on the BP Rookie podcast a few discussions about commercial loans with downpayments less than 20%. What are the caveats? Must be an LLC business? Only special types of loans? Any resources, experience, pe...
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Hi everyone, I am new to Bigger Pockets and just signed up for PRO. I am learning the BRRRR approach and one question that came to mind is whether this approach can be used for short-term rentals (e.g. AirBnb)? I'm wo...
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Investment Info:
Condo buy & hold investment in San Diego.
Purchase price: $510,000
Cash invested: $25,500
Primary Residence. Looking to rent out in the near future and buy another property.
...
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Hello all,
Our current situation:
- 4 partners own the duplex. Currently in our personal names.- 4 partners are equal members in the LLC.- 2/4 partners are on the loan. In their personal names.
We'd like to:
- Tr...
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Hi everyone, For those of you that take draws or distributions from your rental property's income, how do you normally calculate it? Do you process it as, say, 10% of gross rents for the month or quarter?Or, do you do...