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26 November 2024 | 6 replies
Here’s how it benefits you:•Faster Evictions: The expedited eviction process minimizes financial losses from unpaid rent and property damage caused by squatters.
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23 November 2024 | 26 replies
Hopefully its not a big loss.
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30 November 2024 | 12 replies
She has some bigger psychological issues and my rent is not high enough to deal with it.
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30 November 2024 | 16 replies
BRRRR works in every area, just the numbers are bigger.
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29 November 2024 | 12 replies
My attorney says he prefers it when there is a business reason for the state of the LLC, and he said either your home state or where the property is located is suitable.A much bigger topic is whether or not having an LLC is a good strategy given your personal situation.
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24 November 2024 | 10 replies
There's a high chance that you are feeling FOMO from the returns in public markets, sell your houses for a loss, pile into stocks, and then see mediocre performance while real estate heads back higher again.I see this, and similar actions, play out over and over.Personally, I'd stick with the real estate rather than selling it.
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16 November 2024 | 21 replies
As long as one person is a real estate professional, you can usually use rental losses offset joint income.
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25 November 2024 | 11 replies
Quote from @Paul Cataldo: Hey Bigger Pockets folks!
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26 November 2024 | 86 replies
We’ve got to separate this type of loss from those in which the 5 items listed above weren’t followed.
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26 November 2024 | 2 replies
I understand equity and cash-flow are related, but what I mean is that I don't need the cash flow right now as much as I'd like to build a strong portfolio that can cash flow even more later on.I've owned a single-family rental for 4 years, but on mulitple fronts I felt like I've done a poor job self-managing it, so this Fall I picked up the Turners' book on managing rentals and that's what led me here to Bigger Pockets online.