Hey guys, how does taxing a trust works?
Lets say there is a paid off property in a trust that is worth 100K, and brings 1K per month per rent. So its about 12K per year in rent. But, lets say we spend 2 k per year i...
Is anyone here well-versed on mixed-use development? Have you all seen an increase in this type of development throughout the United States? If you have participated in this type of development, what are the strengths...
My lawyer has mentioned a setup where a holding company LLC leases the property to a management company LLC. There would probably need to be multiple holding companies--propably one per property, but only one manageme...
The Psychology of Money by Morgan Housel
This book clearly describes our drastic use of and thoughts on money.
Take this into consideration when you are investing, when you are looking to partner or when speaking to...
I am completely new in this industry but I am wondering how hard money and private investing works for flipping. Is the process the the same or can they be the same? Any major drawbacks or is it easier than it sounds?...
I have my first property under contract and my loan officer has been working with me for a couple weeks. She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it ...
I recently had a condo receive water damage from the unit above, there was enough water that it damaged my unit and the unit bellow me. Apparently there is what's called the master insurance policy that is supposed to...
Hi bigger pockets community,
Many books and programs sell a dream of quitting your job in 3-5 years using OPM, even with little cash of your own. Your perspectives are appreciated on how this applies to the real worl...
Am I stupid to consider pausing my stocks/401k (my company does NOT match) investing and throw that extra capital at real estate?
Right now I can get to 10x OOS TK (SFH) properties in 5 years while investing in stoc...
What is an Escrow account and how is it applied to Real Estate Investing?