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I am 49 my goal is to get my first duplex or triplex My accountant and realtor said to get an llc but those in BP says i dont need one at first. Buy and hold is goal. Do I need and LLC i am fearful because I am new t...
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I had gotten into real estate with the intent of acquiring rental properties and didn't have intentions of flipping. As it turns out, last year I sold a rental property that I had owned for about 10 months and the mo...
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Hey Guys. Here's my scenario:
I have a rental property that has recently started generating net $21,600/yr with energy of around $300,000
I have another property under rehab that will be ready by the first of year t...
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I am looking at a property to buy and hold where the taxes are quite high. Over $9000 a year in NY. As such, everytime I run my numbers, I get negatives in cash flow due to the inability to get around the tax expense....
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We are in the middle of a 1031X. My husband and I were on the title and loan for the relinquished property. Do we both have to be on the title AND loan for the relinquished property? or can we be both on title and onl...
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So i want to select an online service so that rent can be scheduled to be drafted from tenants account rather than collecting checks. Also i like the fact that some of these do credit reporting. Do anyone of you have ...
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Goodmorning Biggerpockets,*Note* I intend on consulting my actual attorney this week, but until I hear back my anxiety needs an answer.Basically I'm questioning if what I am doing is legal. It was the loan officers su...
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Hi Everyone,
Thank you in advance for all of the help.
I've been diving into portfolio management software lately. I've been having some technical difficulties with Stessa and it has been driving me nuts.
I have m...
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Good morning BP,
I am new to the investing world. I have done some research and listened to a lot of podcasts.
I am wanting to start my real estate investing with tax deeds. Has anyone here done them? What would b...
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Hi all,
I have a a SFR that has a shared drive way with a duplex. Nothing in common except driveway. My tenant has contacted me several times because her car (when correctly parked in her spot) is blocked in by the ...