So stil stuck on the LLC thing. Please help me. First, does anyone know if my revocable living trust can own my LLC? Makes no sense to have a trust to protect your assets if all your assets are in an LLC and not in...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Has anyone used the Kent Clothier system for finding deals? I am looking for the best techniques for buying wholesale properties. I am in NCGlen
As you may have heard, today Fed annouced QE3 of 40B per month (i.e. printing press) with no end in sight. Precious metals soared instantly along with the stock market. I wonder what it means to the real estate market...
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Hello BP Investors,I have been in debate with another property manager about the merits of an alternate pricing strategy. I would like to hear the opinions from investors and other PMs out there.Typical PM Charges for...
Hello to the community. I know there are at least 100 threads on this great site that deal with “getting started,” and assure you that I have tried to digest as much as possible before resorting to another “help...
Hey all,Recently, I replied to a post asking folks whether they track their net worth. Personally, I do track my net worth. However, far more important to me are my financial projection models (which include projectio...
So I thought i'd be fun to ask this as sometimes Im reading posts and get annoyed. Dont get me wrong, I love biggerpockets and If it wasn't for this site, i would not be even close to where I'm at right now with my r...
About close on my first house, was a hoarder house and going to need a lot of work. I want to hire a general contractor, I feel a good GC would help speed up the flip which would limit holding cost and help get a good...