Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Caleb Olaez Starting out (Mentorship)
26 January 2024 | 4 replies
Review and clean up your credit score and If you haven't already, start putting money away for a down payment and 6 months reserves.
Logan Turner Can I personally purchase a house from my LLC
28 January 2024 | 40 replies
In this specific example the borrower had 8 financed properties so he could not do a conventional cash out with fannie mae but a purchase from his scorporation is in "essence," a work around for a cash out since it returns funds to the scorporation and my borrower owned the company 100%.However, on a LLC its different since LLC's are typically taxed as flow through entities going down to your Schedule E on your tax returns.When I've asked my underwriters about the LLC purchase similar to the Scorporation above they typically state it would be considered a refinance and limited to rate term refinance or if we transfer it to your personal name we'd need to wait 6 full months.However, I have yet to try to purchase from a LLC that files tax as a 1120S or sub chapter S which Im currently waiting to guinea pig this concept to see if it works.
Andres Rossini Glamping Resort Info to share for Prospective Buyers
25 January 2024 | 3 replies
In regards to what is important, I would include things like occupancy rates, all your expenses (maybe show some details when it comes to cleaning fees as this is a unique property).
Jiwon Lee Cash flowing market near NY area
24 January 2024 | 2 replies
I want to have positive cash flow of $300-500 per month. i have looked at Connecticut (Hamden, Hartford, New London areas), and Pennsylvania(Scranton, Allentown, and Wikes Barre areas). 
Suvarna G. How is the multi-fam- quadruplex, duplex market doing in Austin?
26 January 2024 | 8 replies
This will determine which action to take.If you are cash flow positive in this market, that is a really good thing!  
Michael W. How to deal with consistent late payment renter?
26 January 2024 | 27 replies
She takes care of the place, she’s is a good neighbor in the community, and she’s clean
Justin Wo Keep or Sell Condo Rental
26 January 2024 | 11 replies
Market rate rent would be ~$130 positive cash flow per month.
Coty B Lunn 2-Family Buy and Hold
26 January 2024 | 1 reply
On top of that, they pay for my utilities each month in full with a small cash flow at the end!
George Harris Quiet Title vs Tax Title Services
27 January 2024 | 46 replies
Also can I clean the yard and inside of the house with only the deed.
Robert Johnson Is the income from a STR considered "earned income" for tax purposes?
25 January 2024 | 7 replies
People want to make their STR stand out so they want to provide daily cleanings or maybe a chef to make some meals.