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19 February 2025 | 5 replies
You shouldn't pull them out of thin air.Look at a variety of websites marketing rentals: zillow.com, realtor.com, apartments.com, etc.
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20 February 2025 | 9 replies
I think it would be too risky without someone checking on it in between guests.
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14 February 2025 | 15 replies
@Stephanie Medina, you need to scope out your competition.
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9 February 2025 | 15 replies
I know a couple people that does this, let me know if you need me to connect you.
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12 February 2025 | 4 replies
This requires careful structuring and compliance with IRS rules.Installment Sales or Buyouts – Instead of distributing properties outright, investors can sell or buy out their respective shares over time, spreading out tax liability and reducing immediate capital gains impact.LLC Restructuring (State-Specific) – Converting the corporation into an LLC taxed as a partnership may allow for a more tax-efficient asset distribution.
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20 January 2025 | 31 replies
Check out this recent thread on LLC’s, it’s pretty eye-opening that of all the very experienced investors on here, with centuries of investing experience combined, the consensus was that LLC’s are not needed for most investors: https://www.biggerpockets.com/forums/926/ Of course gurus will tell you that you need one before you even have a single property, because it makes them sound smart.
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6 February 2025 | 11 replies
I am a buy and hold Investor in this area, for sure!
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5 February 2025 | 17 replies
These people often don't understand lending and have a checklist of boxes to check.
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6 February 2025 | 18 replies
I hope you don't like this family member.
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18 February 2025 | 6 replies
And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also read, Rich Dad, Poor Dad by Robert Kiyosaki3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Ask questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcampsI wish you all the best in your investing journey!