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Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
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I hope people find this write up helpful. I tried to be detailed without getting too long winded, but if I missed something don’t hesitate to ask. I really wanted to highlight the lessons learned on the BRRR strategy ...
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I just wanted to share my story with you all in hopes that you can find some motivation in it and to encourage everyone to put in the work to make your dreams a reality. Like many, if I had educated myself and had the...
Hey everyone!I've been looking at a few multi-tenant properties in my area, and have a few quick questions. Most of the ones that I've looked at have existing tenants. When doing the calculations in the BiggerPocket...
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Hello,I am looking to do my first flip. I have been analyzing deals on the south side of Chicago and the south suburbs. I have a pre-approval for a hard money loan. Each of the homes I have tried to bid on had 20+ bid...
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Hi everyone! I'm currently looking to get into real estate, and I find house flipping and repairs an interesting category to get into. However, I have very little knowledge about getting started. I have watched a few ...
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https://www.fourpeakspartners.com/
They are a fund specializing in rehabing and investing in MHPs. The idea of getting into MHP business by passive investment seems interesting. Has anyone done business with or hear...
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okay BP, i have another question i can really use help with. So i came across a deal on zillow when i was searching the "For Sale By Owner" listings. It is listed for $530k and after contacting the homeowner he told m...
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Hey folks,This situation has not happened to me before so I thought I'd ask to see if anyone else has been through this.
On August 16 I received a seller's counter offer on a property. The written deadline for accept...
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The morning started off with investors from all over the US slowly meandering their way into the massive masonic Scottish Rites Temple sitting off the shores of beautiful Lake Merritt in downtown Oakland. The idea of ...