In searching for financing options that set me up to purchase a PR to rent later OR purchase a REI later, 2 viable options right now are:-0% down, with no PMI, but with fees of 1.75%, 1% and normal closing costs-FHA 3...
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
I hold each of my properties in its own LLC and have been paying my CPA $650 per entity to file returns every year. Someone mentioned it's possible to create "an LLC holding company" that holds all the other LLC's and...
So, to humor myself today I opened one of those common mailer advertisements to see what crazy low rate they wanted to push me on my condo for. To my surprise it was actually for a 4plex that I just purchased less the...
Hello I am looking at building my portfolio currently I have a 3 unit multi family and am looking into buying more using brr and other finance methods including creative financing, traditional loans and hard money. Lo...
Hi BP community,
My name is Ruben and I am from San Antonio Texas. I work full time in IT and I am looking to supplement my income with real estate, specifically buy and hold. My long term goal is to eventu...
Hello, My name is, Brandon. I'm currently a union tradesman. I got into real estate investing a little bit ago and always wanted to try flipping. Another tradesman friend of mine said he would help me through one at 2...
I am closing on a plot of land that has two existing structures and the ability to subdivide the remaining land into two additional lots. Our plan is to BRRRR the existing structures. With the additional lots, we woul...
I currently own a handful of properties here in Indiana. This past tax season I was required to start paying quarterly estimated taxes. I currently have my rentals set up in a single member LLC. I know I can increase ...
I received a full holding deposit on one of my homes I manage last week on March 11. Move in and Lease are set to begin on April 10. I used the Bigger Pockets "Deposit to Hold" receipt, which clearly states the deposi...