Seems a lot can go wrong with this and I wanted to speak with existing investors and see what has gone wrong with this in the past and how have then fixed it.
Greetings BP,Glad to have been introduced to this community over the last month. I am coming from a classic Dave Ramsey mentality of paying off your house in full before moving on to other real estate investments. I a...
I'm starting to model some much more sophisticated scenarios of buying investment properties, but before I even got too far into it, I began modeling the impact of inflation on your paycheck and personal expenses.For ...
I know my number, but humor me please for a minute. Use any numbers you would typically for downpayment, terms, rate, etc. Cash, whatever. I just have to check myself.FourplexRent $575 per unitProperty tax 1.79% of yo...
Hi everyone! I want to get started on flipping properties and I saw an ad on tv about flipping houses through the internet. I was wondering if anyone has done this and if so, could they give me some idea of how it wor...
Hello BiggerPockets family,Just wondering on the different types of marketing strategies that are currently being used. Is 500 yellow letters to absentee owners sufficient? Do I have to suck it up and pay $1.50 per le...
Hey BP...have a question hoping you can help me out.I'm just starting out in REI, and working on the plan to buy my first investment property. After researching potential strategies, I am focusing against commercial, ...
Do I need guidance in this category or do I just google “create my own LLC”? Just trying to gauge if there are any particular details I should know about or if it’s pretty straight forward to figure out on my own.
Hi BP,Can you make distributions from one LLC bank account to another LLC? In other words, if I have a surplus of money in one LLC account and the other LLC has need of capital for construction, can I transfer from on...
Hello BiggerPockets Family,
Myself and 3 buddies recently purchased a duplex in Cheyenne, Wyoming as a buy-and-hold investment.
The property is currently owned by us 4 personally.
We would like to transfer the own...