Account Closed
Vacancy, CapEx, MX/Repairs metrics when analyzing deals
BP Family,I am poised to have the cash for my first Turn Key (or close to turn key property bought through conventional means), and I have a question about the numbers on deal analysis, as I have been analyzing tons o...
Mike Montanye
Landlord Ins. vs Homeowner's Ins. For Long Term Rental
We are just starting down the RE path and have a ton of questions. Before I can find the answer I have thought of 3 other questions I need answers to. Just trying to avoid any massive mistakes that would sour this buy...
Marla Coletta
Should we hold or sell - Bartlett, NH 2 Family - Advise needed
Hi Everyone! We are at a crossroads and have multiple options for a 2-family we purchased in February 2023 in Bartlett, NH. We purchased it with the intention of living in 1 unit and renting the other unit as a shor...
Paul Veronis
LLC or S-Corp for Starting a Real Estate Investing Company
Hello Everyone.I am looking to start my own real estate investing company where I plan on mainly wholesaling, but also flipping properties and buying rental properties. I feel like most people use and LLC for there co...
Arjun K.
Engineered Hardwood vs. High End Vinyl Plank
Situation overview: New rehab. Luxury-type, but not the highest high-end. High end would target $2500 rent. Median rents are ~$1,500. This one is at $2000. Pet heavy market and unit will go on market off-season ...
Joshua Feit
Motivating a contractor at the end of a project
Greetings BP!I have hired a contractor to help me with a rehab in downtown Atlanta. We are fixing the house to solid rental condition, and then I am going to hold the property.The work is 95% finished, and the punch l...
Jake Didion
First House Hack - Columbus, OH - Section 8
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $156,000
Cash invested: $11,000
Sale price: $156,000
4 plex
Unit A $650, Unit B $575, Unit C $475, Unit...
Ian Berg
1031 from LLC to Personal? (Loan Requirements)
Hi BP, I'm currently selling a single family home that I hold in a 2 member LLC with my wife. It was originally purchased under my name as an individual. We are purchasing a 4 plex with the 1031 proceeds combined with...
Lilly S.
Hoboken, NJ Apartment, Rent it out or Sell?
hi bigger pockets community,I am not sure if this is the right place for this question, so please feel free to let me know if I should ask it in a different section. I bought a place in Hoboken nj within the last two ...
Mike M.
use of LLCs for holding rental properties
I read a business plan for multi-family properties and I had a question on use of LLCs. It recommends you have one LLC for the PM and then a separate LLC for each property.
If so, I'm wondering to you handle that...