I purchased a house in 2021 and lived there for two years before converting it into a rental property. I had not considered opening an LLC until recently when I learned about its potential benefits for liability prote...
Hi All!! I do have cash to make my first purchase and rehab it , my plan on the first few deals will be to flip the properties, some people at my investor club have advised that I use borrowed money for the first hous...
When analyzing potential investment opportunities, one thing you can't afford to overlook is projecting those sweet returns. Many syndicators, including myself, base their projections on a five-year term. This allows ...
Financed this M/H on 1 acre with a private lender this week. After all debits/credits I'm all in at $305. Purchased this property for $42K Cash on 1/6/15 (including all fees), rehabbed for $2558 (including all holdi...
I have a situation where a landlord is wanting to get out of the business, and I could pick up 7 houses for really cheap. I've run the numbers on the calculators here and there's money to be made. The biggest set back...
Hey everybody! I'm new to BP and wanted your input on a property. Built in 1904Triplex with two 3BD /1BA units and one 3BD /1.5BACurrently leasing at $600, $700 & $800 mo with long term tenantsLandlord pays trash/...
I heard they’re trying to make wholesaling illegal in Maryland.
I guess you’ll only be able to do 2 deals a year in Maryland. It looks similar to the Illinois law, but you’ll be able to do 2 deals a year, not 1 dea...
Random question that I couldn't find when searching BP. When calculating your net worth for accredited status, how are investments in syndications treated? Are they completely excluded from the calculation or are we a...
Hi there - I live in Los Angeles and own/manage my own portfolio of multifamily in LA county. Â IÂ have an in-house property management team and it works - I like it because IÂ can control costs, be quick and actionable ...
I read a post recently on Bigger Pockets talking about agents being irrelevant because of technology by the year 2025. There were very conflicting opinions and I am hoping to see specific examples of technology that w...