I have one property that being rented out to section 8. This march i noticed that they missed their portion of the rent and I got charged with their utility bill. I contacted my PM in regards to these concerns1. PM to...
Our property is in Lake County, IL and we are going through a 1st transition from 1st tenants to our 2nd ones. Tenants that moved out this month, left some damages behind (some repairable and some not) as well as didn...
Looking to trade in my $30k car to improve my debt to income. However, I will definitely take a loss on it as I just purchased it 2 months ago. I recently became set on being a real estate investor and have had buyers...
Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...
Hey guys, I've been a full time real estate agent for several years now and up until this year that has always been my primary income. However this year I focused more time flipping properties than selling real estate...
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
Many people invest in real estate in order to create passive income and eventually become wealthy enough to not have to work a regular job for the rest of their lives.I want to pose a philosophical question. Is there ...