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Hi all,I am located in California and purchased an out of state investment property (condo) in Dallas, Tx in March. My tenant informed me that some homeless people have set up tents in a vacant lot that is located beh...
Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...
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This is a post meant to stir general conversation with other business-minded people about finding and working with professionals that focus on our wealth planning, taxes and related areas. I'm involved in multiple thi...
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Hi everyone. Let me give you a brief background of myself. I am a full time sheriff deputy but have been flipping houses and holding rentals for the past 10 years. I currently have 20 rental units and have flipped 20+...
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Hi everybody,I recently discovered the Bigger Pockets podcast and became an instant fan. I am new to BP and real estate investing in particular. I have done some research as well as read some books to familiarize myse...
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Hi everyone,I recently joined BP and have been impressed by the amount of resources on here! We are just starting out in REI, and I have the extra time to learn more as I am only work part-time at the moment. When s...
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What does everybody like for battery powered tools?Looking to by a set soon so I am just looking into it. Ryobi is cheap and it seems like more tool options. I have a 12 volt drill that has been good to me, just under...
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I have been diligently reading BP recommended books, blog posts, and listening to podcasts (45 so far) to further educate myself about real estate investing. I am very impressed with the BP website and community. I ...
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I’m currently looking to relocate as I’m still young with no ties to my current location (New Jersey) except a job. I’m starting to realize I don’t want to be in this state anymore and want to move to a warmer climate...
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Im looking to make my first commercial purchase a fast food restaurant with a new 20 year lease term at $1,575,000 and a 5.75% cap rate so around $90,000 of annual rent. I have a decent income tax wise $180,000 or so,...