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Hello everyone,I am looking at purchasing a property in East Cleveland, however, I have been hitting some road blocks when it comes to finding a property manager. I realize East Cleveland isn't as nice, but I'm less c...
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I'm in the process of vetting an out of state market for rental property purchases with the intent of building up my "passive" net cash flow. Since I live (Raleigh, NC) about 4 hours drive from the market I've honed ...
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Hey All,
After a few successful single family, I’m going to be making an offer on a small multi family (7 units) next.
My question: What rates / terms should I use when running the numbers? I’ve run a few scenarios ...
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Earlier this year I almost entered into an LLC with partners. A tax ID was established, an LLC was established in Florida and that was it. The partners could not agree on terms. I never signed a document nor invested...
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I am currently looking into a 30 unit multifamily complex for investment. This is a rundown complex which needs rehab. The target rental price is approximately $500 per month with electricity,water included. What is a...
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I am new to Bigger Pockets, and excited to connect with the people on here. My wife and I currently have a house and are looking to purchase a rental property to start building our rental portfolio. We live in Dallas ...
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Hey BPer's! Question?
I found a fsbo, that is looking to sell 3 of there single family homes. The numbers are looking good so far but not quite enough information yet to know for sure.
They tell me they are selling...
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Hello all, I am at a bit of a crossroads and could really use some guidance from others who have crossed over from residential to commercial properties. I have built a solid portfolio of 9 single family rentals in th...
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Hi all. Im looking at a 12 unit apartment complex for sale near where I live. The owner recently passed away and the heirs had it appraised and are selling it now. It has 11 units occupied and 1 unit vacant for showin...
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I'm exploring my options to reduce my tax burden and my CPA is recommending that I create an S-Corp to maximize the tax benefits. That sounds good to me but I'm concerned that when I'm buying properties I might run i...