So my initial REI strategy/goal targeted multi family properties. However, without any capital, I've started to think I need to change my strategy to at least get started because the multi family market where I'm loca...
I do and I see everyone accounting for around 10% for PM service, but where and how do you account for the 1st month rent they may charge? Or is that not the norm and most really just take $90 of $900 rent to move a n...
Hello BP Community,I'm new to BP and am a fledgling real estate investor. Here's my situation: I've been the owner of a condo in the Chicago suburbs since 2007. Originally purchased as a primary residence, however y...
I have friends and family willing to invest $100,000 each in private funding for me to buy rental cash-flow properties however I don't know how to set up the money transaction in a way that pleases Uncle Sam. They c...
Hi everyone! I recently joined bigger pockets on January 13th of this year. I definitely should have done this sooner. I found bigger pockets through doing resarch and trying to educate myself on my own and I think t...
We have found a property we are interested in but don't know where to start. I have contacted the owner and they filed bankruptcy and moved out of the house. I know who the original lender is and the attorney for the ...
Good afternoon, I am Seth Wilson originally from St. Louis, but now living in Kansas City, Missouri. I have been reading the posts and listening to the podcasts from BP and was finally convinced to formally introdu...
I am curious to know if it is typical or recommended for someone just starting out in real estate investing, let's say using wholesaling strategy, to create a business entity such as an LLC. Is there a need that early...
Quick background. I am currently serving as an Officer in the Navy. My commitment is up in a year. My next job will be working out of the Gulf of Mexico work one month than having the next month off. I will be mak...
Hello, we own four rental properties in Arkansas, all on 15-20 year mortgages to pay them off quicker. All have appreciated at this point, and we are wondering if we should be changing our strategy. Initially, we were...