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4 January 2025 | 20 replies
I currently live and invest in the area and know my market but many of out of state investors get taken advantage of if there don't play an active role Detroit.
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6 January 2025 | 25 replies
Real Estate values, nationally, have never decreased over any 10 years. https://fred.stlouisfed.org/series/MSPUSFocus on optimizing active income first.
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15 January 2025 | 49 replies
The easiest solution to combine your two Stessa accounts would be for you to add the email address you have associated with BiggerPockets as a collaborator to your already active Stessa account.Then log in with your BiggerPockets credentials (as that collaborator) and it should upgrade your Stessa account.Here are some easy steps to follow: https://support.stessa.com/en/articles/2105533-the-power-of-portfolio-collaboratorsIf this does not work, please message [email protected] and we can work with Stessa directly to get you set up.
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28 December 2024 | 23 replies
but if you have a view on active vs. passive income.my goal is to have income from multiple sources, ideally part time work that i enjoy is a component.
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21 January 2025 | 31 replies
Sorry for the late response, I am not very active on BP.All you need is an CPA/Attorney to manage your LLC, I went through this route of registering a wyoming LLC and paying high price until I found a local attorney who does all the that with the same protection by naming the organizer and registered agent with the attorney details in your articles of organization, at the same time you will need more specific details in your operating agreement pertaining to your local state laws or you can as well use wyoming agent.
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29 December 2024 | 5 replies
I want to keep them separate to manage activities according to each regulatory agency.
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10 January 2025 | 17 replies
What I can share is that the risk-reward will not be worth it as a 'newbie' due to your limited capital and inability to actively manage your properties.
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13 January 2025 | 25 replies
It's great to hear from someone active in the Rochester market.
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2 January 2025 | 13 replies
Some things you may want to consider is how active you are looking to be in your investing.
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10 January 2025 | 67 replies
But it’s clear you’re a smart investor who knows the long-term benefits real estate can bring.I keep reminding myself why I stick with real estate: you can make money every month in four different ways:Cash Flow – Passive income to live on.Appreciation – Long-term property value growth.Depreciation – Tax benefits that reduce your taxable income.Tenants Paying Down the Mortgage – Even if you’re paid off now, this is one of the biggest wealth-building tools for leveraged properties.It sounds like your main struggle is the stress of active management—and trust me, you’re not alone.