Hi there, I am new to the Bigger Pockets forums and want to buy my first Investment property, ideally a 2-4 multifamily property I would buy and hold with long term renters. I live in Los Angeles so I wont be buying ...
Hello!
My boyfriend and I currently reside in a home we purchased with the intent to maintain it as a rental property when we move. However, since we bought the house, the value has increased quite a bit. Now, the ti...
Hello,I'm currently in the process of trying to add a rehab property to my portfolio and use the BRRRR method on it. I have a HELOC on my primary residence that I plan to use as the 25% downpayment, then finance the r...
Hello BP'ers, A quick question for you all geniuses - Is the bedroom in a walkout basement (below grade of course) with egress (conforming requirements) and and a closet, considered while determining comps? I probab...
Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...
Hey BP fam!Newby investor from the NC Triad area - Greensboro, North Carolina. I've got my first property under contract (with a partner), and am looking to talk to a lawyer and an accountant before I get too much fur...
I am looking for the guys who live and breathe this business with ACTUAL notches on their belts, rather than just completing the latest and greatest seminar (no offense, as I am a rookie too) to evaluate my proposed r...
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...