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My family owns 12 acres of land in Camden North Carolina.After knocking the trees down, what should be the next step to creating passive income for the family ? As a family should we develop an LLC ?Also:I was thinkin...
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I read many places about investors using HELOC on primary residency to buy investment property. Here is my question. The interest on investment loan is a valid expense that you can take out from your income for tax pu...
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I recently found a 1 bedroom condo , listed at 90k , the monthly rent around the area is 1400-1700 , so I'm just wondering if this would be a good cash flow investment . Also , I have only 30k cash money saved up , ( ...
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After having been a member of BiggerPockets for roughly three months now, I would like to take the opportunity to introduce myself. My name is Danny and I currently reside in Pinellas county (Tampa Bay). I am 24 years...
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Like most games, you better known the rules.Whether an REO or Tax sale, you'll find the Terms & Conditions for the saleand see that they vary significantly. 1) one may require proof of funds to qualify for biddi...
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My wife and I are American but live & work in Hong Kong and expect to be here for at least a few more years. We are considering investing in housing real estate near the Dallas area where I am originally from and ...
Originally I was planning to stop working after getting my savings invested in rental RE though at this point it's looking like that plan might need to be modified as it seems like securing loans a few years down the ...
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I'm considering investing with a partner. Here's the plan:Since we each own our own single proprietor LLC (let's call them LLCDave and LLCJoe), we are planning on creating a new LLC (123 Main LLC) for the purchase of...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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Good morning everyone, I am a new investor in the state of Maryland and anxious to purchase my first rental property. I have selected a realtor thru Bigger Pockets, I am currently analyzing deals and will soon be pla...