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I am new to investing, researching various area across the US to invest in. Mostly interested in buying cheap, renovating and retaining. I currenlty live in Chicago...taxes are extremely high here.
Anyone have any...
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For those who flip houses....or build new ones. Why do you choose one strategy over the other? What advantages and disadvantages do you see with each?
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Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...
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Hey everyone,
I am trying to set some goals for myself for acquiring rental properties and I am wondering how fast I should go.
I will have to finance every property I buy. I want to focus on rentals and no...
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I am planning to buy a house with just about every dime I have saved. I may rely on the 5k in credit cards I have as a safety net. I know it seems risky but the homes at my maximum budget will likely produce the highe...
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Hi guys im trying to payoff my moms house with a heloc from my primary residence. How do i go about doing this. Is there going to be tax implications and whats the best strategy. Tax wise and investing wise Thanksshou...
Hello all,I'll try and keep it short. I have been managing my parents properties ever since they couldn't manage them themselves. They are at the point that they need to move into and pay for their ALF. It's very expe...
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Hello BiggerPockets!My name is Kevin Tornes. I was born in beautiful Colorado Springs, CO, but moved when I was very young because my father was in the Navy at the time. My family moved across the US over the next 10 ...
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What’s a good state to move to to start investing in real estate?
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There is some deferred maintenance tenant want me to take care of in the bathroom and kitchen in a 2 bedroom/1 bathroom house. The work should take about 4-5 days. The work is pretty extensive so I want tenant to move...