Hello to all,I live in Jacksonville, FL and am a Florida attorney. I have been managing every aspect of my parents' rental property business for over 15 years. Everything from tenant screening, lease drafting, rent co...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $362,000
Cash invested: $15,000
This was my first commercial (6 unit) multifamily deal. When acquired, the pr...
Hello,When I underwrite deals and analyze the expenses, I have problems to see what could be out of order (besides property taxes around 2% in Florida and management fee 3-5%). Since the deals also vary in size (100-4...
Hi folks,
I searched the forums for the terms "registered agent for LLC" but couldn't really find anything that applied to my situation. I also plan on buying the NOLO book on LLC's. I am a fan of their boo...
Military man for the past 26 years. I am still in, and managing a large scale maintenance program for the National Guard on a full time basis. I am a big fan of Bigger Pockets. The podcasts are the only things keep...
I am interested in entering into a partnership with a friend to purchase real estate for long term land lording. Partner #1 will be the financier and provide the funds to purchase and will handle the tenant payments, ...
hello BP,Im chris and im new to being an investor. To say im wet behind the ears would be an understatement. Currently, i own one rental property free and clear and i have a mortgage on the second, which is OO. I also...
Hello All, There are a number of posts about partnerships, but few discuss the nuances of tax implications, especially when one party is primarily interested in this investment for the tax incentives. Would appreciate...
We are looking to bid on a townhome but found out that more than 50% is rented out. My mortgage broker says we will end up paying a lot more interest rate if that is the case. Is that true? We are under a tight deadli...
Hi folks,Just about to do my first purchase of a duplex with a suited basement. As i am looking into growing my portfolio quickly, i wanted to get an idea of what systems and items/tech people have implemented in thei...