I have been investing in single family homes exclusively. The thought of a multi-family building quite honestly made me nervous. More tenants, definitely bigger numbers and property managers. It seems my investment...
What are the best locations in and around Dallas to generate a positive cash flow through rental income? I have been focusing on Sherman & Denison area but competition is high there. Appreciate, if you can sugges...
I am real estate investor and I looking to build rental portfolio. I need a local bank that can work with me in long term and be able to fund my deals in the future once I show positive cash flow through my LLC. Peopl...
Hello, my name is Jim and I'm new to the Bigger Pockets site and new to Real Estate investing. I live in Burlington, Ontario Canada so if there are any other Canadians on here it would be great to hear from you as wel...
Hello,Like many of you, I started without an LLC and purchased properties via conventional loans and protected myself with Umbrella Insurance. However, I'm getting to the point where the business is scaling and I crea...
Hi all,
Just wondering how your rental income impacted your tax situation. One of my wife’s primary worries is how our taxes will change.
Also, did any of you start off with an LLC or wait until you build a portfo...
I have a family member wanting to take out a loan for a residential home purchase and will pay interest on the loan. Should I fund the loan personally or through my real estate LLC for maximizing tax benefits?
Hello Bigger Pockets Members,I purchased a 4/2 1200 sq st home at auction at 50% of ARV for $70k. Market Value should be $145-150k. Rent of about $1500/month.I purchased home all cash and I had to evict the occupant...
Hi guys,We recently purchased a portfolio of triple net lease properties throughout Nevada. I live in California. The property is held in an LLC. Nevada does not have income tax but California's state income tax is cl...
Hello Members,I currently own my first two family home and wish to sell and buy another multi unit home possibly a six plex or more.Would it make sense to purchase my new multi plex investment under an LLC ?Will there...