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Hey guys thanks for coming. I was looking at this apartment complex and ran the numbers on BP's calculator and thought I might as well ask for your opinions on this deal. I think it looks like a solid deal on the outs...
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I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...
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Hi BP!I will be closing on my first rental property next week and Im looking for suggestions on how to manage the bank accounts. Based on my research, Im going to open a checking account for rental income and savings ...
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Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...
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HI Bigger pockets I'm a newbie here and just starting out. I'm currently try to form an LLC and am going through process now and should I elect to be taxed as an LLC or Corporation? All we will really be doing is the ...
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I’m still kind of confused about this. My last post kind of confused me more lol. Can somebody please give me a step by step guide of how to transfer the title of property in Indianapolis that you closed on under your...
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Not sure if this the right forum but here goes. I have funds in an SD401K vehicle. The challenge is using those funds strategically. For example of somebody had 150K they might use financing to buy a 10 unit apa...
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Hello Everyone from the western suburbs of Chicago! I'm excited to be part of a community of real investors and reading others thoughts and experiences on BiggerPockets.
I'm looking to invest in rental proper...
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Hey BP!I finally closed on my 4th successful flip two weeks ago and wanted to share it. I've been a fix and flip investor for 2 years now and I successfully flipped 3 houses my first year. My goal this second year was...
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So my wife is on board with using rental properties as a way for us to achieve financial freedom, and a year ago we bought our first duplex. But I'm having some trouble getting her to understand some of the expenses i...