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January 18, 2023 I bought my first MTR in West Philly. I wanted to share a breakdown of what I learned from the property.- Always plan for reserves. I've experienced slow periods and having to dish out money from your...
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My partner and I formed an LLC referencing a commercial property that we own together in NY, we used an attorney to draft the LLC partnership together at a 49/51 split. We now are looking to change that to a 50/50 spl...
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Park Number One-The MLS, I was the fourth buyer after the first three canceled.Park Number Two-FacebookThere was an agent who asked "How do you sell a mobile home park?", from there I got in touch with eh owner and th...
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Question for y'all- about to pick up a cool property near the Heights that's a single family home (1600 sq ft) that has a detached garage apartment (1100 sq ft). How do I go about renting each out to separate tenants?...
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Hello BP - I have a friend who's considering real estate investment but has a lingering concern. Back in 2007-2008, he took a business loan of $100,000 for a restaurant venture that unfortunately failed. As a result, ...
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Hello BiggerPockets Community!
I hope this post finds you all in good spirits. I'm currently working with a property management company in Cincinnati, Ohio and I've noticed a few discrepancies in my account statement...
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Hey BP Here is a current situation I need some advice on.Currently have 45k in liquid cash, and 60k on a HELOC. On the debt side I have a 9k car loan, and 7.5k on a zero interest credit card. Should I pay off the deb...
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I am curious on the different expenses as well as people’s experiences with any of the above mentioned rental properties. Assuming I had all the investors needed and the right person to spearhead the project, would yo...
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Hey BiggerPockets fam,
My colleague @Seth Ciminillo and I will be attending the Best Ever Commercial RE Conference hosted by Joe Fairless here at the end of February. We would love to connect with like-minded multi-f...
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Anyone read this? If so, what are your thoughts per investing in properties, notes, stocks, etc.?http://www.politico.com/magazine/story/2016/01/economist-forecast-2016-213499?o=0