Hi everyone. It's looking like 2018 is the year I pull the trigger on purchasing a multifamily. I understand the the pros and cons of holding a property in an LLC - better asset protection should there be a lawsuit ...
Question for all the agent/brokers out there. I would like to buy a property that has been contingent twice, each time falling thru after inspection. I understand previous inspections reports are the property of previ...
I learned of this deduction at a real estate training. It may be common knowledge to you all, but I mentioned it to my accountant and she had never heard of it. Let me know what you think!Rather than using the "home-o...
Hi all,We are considering shifting our focus more toward STR, like everybody else :) There are a couple of Caribbean islands that are close to our heart, and that we feel reasonably safe starting out in. Questions as ...
Hello Pocketiers!
Another newbie from Milwaukee (a.k.a MILL-E-WAH-QUE according to Wayne's World:))
I am finally sending out my intro post after many months of reading and listening to the excellent podcasts and jus...
Hello BP Friends - Not sure where to post this, and looking for feedback. We are a couple of newbies ages 50 and 54, residing in NYC, and have been advised by an experienced investor (from BP) that we're too old to be...
What are the medium and long term effects of the pandemic on the note business?My thoughts:Our business is not going away. There were lots of reasons this was a good business before and there will be for the future. D...
I've seen multiple debates surrounding Dodd Frank and am feeling very lost. Some passionately feel investors should back away, while others feel there are still creative solutions for desperate home owners. Looki...
Well, I knew that I was missing out by not having a company website, being an active member of Biggerpockets, etc. But I think I underestimated just how important this is to ALL aspects of my investing business. I hav...
Hello,
I’m a newbie Pro member that I would self-describe as a “Bob”, meaning I have a great job, great income and great credit (as does my husband). We also have good discretionary income and a lot of equity in our p...