I’m new to real estate investing, so I have many questions. I currently only own one rental property in Florida. Only became my rental because I moved to California for work reasons so I decided to keep it. I’m now lo...
Hi! I plan on moving to Denver in the coming years and plan on turning my current residence (2B1B condo in San Diego) into a rental property. I have someone local to help me manage the property but I was curious about...
I just bought my first property in Canada, a duplex with 5 tenants, and for various (most tax related) reasons, I have decided to operate the rental as a sole proprietor. I'm considering whether to register a business...
My wife and I are in the process of purchasing our next home for primary residence, but we have not sold our current home. We are looking to rent our old house (located in 75212) but the home has no rental comps in th...
Does anyone know whether there is already an article somewhere on BP about how to become a private lender? I have some cash that I want to put to work, but I do not know how to start out as a private lender, what t...
Hey all, My husband and I are in escrow on a place in Yucca Valley, CA (just west of Joshua Tree) that we plan on STRing. Has anyone submitted an application here recently? Or been approved? I'm looking over the appli...
Hi everyone,
I'm a soon-to-be first time homeowner once my father gives me a house he owns via a quitclaim deed. I am just wondering if there are any legal/financial (as far as taxes go) implications in answering "...
Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...
Thanks for reading this post.I understand that setting up an LLC is not required in RE, and if anything it can be a pain to file returns depending on how you set up your LLC's.However, I am looking at a couple of prop...
Hey EveryoneSo excited to be part of the BP community and looking forward to learning so much on this journey! A bit about me I'm 30 years old and I run a couple of successful hospitality businesses here in Canberra. ...