Sarah Moore
Not sure how to assess commercial unit need
We're considering 4 commercial properties in our area. These include multiple office and retail spaces. I'm good with the underwriting, and know that the numbers would work. The only hesitation I have is that I am not...
Robert Williams
Creative Financing
Good afternoon bigger pockets I am looking for feedback our advice On a Financial strategy i'm looking at a 278 unit apartment building and also a second building with 363 units The financial strategy that I'm th...
Devin Borders
New Construction purchase?
Hey everyone! I'd love to hear thoughts on our current situation. Here are some details of what we are looking to do. My wife and I own a 2900 sq/ft 4BR, 3BA home in south Charlotte, NC area. We paid 240k for it two y...
Eric S.
First rental with a lot of equity - WTD?
First off, thanks for any replies in advance, as this is my first BP post!So I still have my first primary home that I was fortunate to have bought in 2013 (bottom of the Fairfield County CT market by rough estimates)...
Bobby Holley
How to Buy a Friend's Home
A friend of mine recently took a job that will move him from Atlanta to Charleston, SC. He has lived in a nearby neighborhood for 20 years. His home is very dated and probably one of the worst looking homes in the s...
Rosalynn Rice
Need BP Community to Weigh In On This Decision... Lifestyles Unlimited
Hello there,
I attended the free introductory session for Lifestyles Unlimited this Saturday. The sales pitch was on point, very well presented! It did concern me that they didn’t consider vacancy and maintenance. ...
Tanya R.
Older multifamily no wall insulation New England
I have a home inspection coming up Monday for a 3 unit triple decker style home that was built in early 1900's. It's been mentioned that it may lack wall insulation based on age and listing price. While that sounds ...
Luis Arguello
Strategies to reduce taxable income while deploying capital to build wealth?
I manage 150 units across 30 properties in Miami. I work for a single owner. We are projecting to pay taxes on $1,500,000 for this year and $2,400,000 next year. That about $500,000 in taxes this year and $800,000 nex...
Dan N.
Can a Wyoming LLC own an investment property in ANY state?
I am getting conflicting information from 2 entities that help create LLCsThe property I am buying is in Arkansas, but I want to open an LLC in Wyoming One entity that helps creates LLCs is telling me that the WY LLC ...
Chris C.
Time to Face Federal Compliance Issues of Mobile Home Lending
If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...