I an a newish investor and new to BP. My question:
In looking to build passive income. . . why would I choose a rental over a tax lien? I'm here in Kentucky, and the interest return rate is 12%. Which is wha...
Hi,I think I understand the difference between active and passive income. Passive income applies to most small landlords/owners as they collect rent from tenants. This also applies to investors who collect interest or...
Earlier this year I purchased my first rental property here in Chicago. My family and I stay in one of the units. Initially the plan was to stay here a year, then purchase our first home. But I'm actually eager to get...
Hi! My name is Alex. While this is not my first property venture in ETX, this is the first dive into PASSIVE income earning property in ETX. My wife is a property/adoption/family law attorney and I recently left 6 yea...
I’ve been real estate investing for over 15years, acquiring a large nest egg of net worth. The problem is we aren’t getting much cash flow from the portfolio for a variety of reasons and our rentals, flips, and short ...
I REALLY enjoyed this and it’s a very quick read. Mostly conceptual, you should definitely read the Multi Family Millions Book (Of which I posted detailed notes if you search for them) if you like this.http://remento...
Properties generated $110K last year, I stopped at $120K losses before even going into expenses. I don't want to dig through expenses and itemize all that crap since I'm already at no income. So do I even need to file...
Hey everyone one. I just formed a LLC for my Buy and Hold properties for myself and my wife. Since it is both of us on the LLC , I assume the IRS will consider us as a partnership since LLC's are disregarded entitie...
There are lots of ways you get returns as a real estate investor, but to replace your active income you’re generally going to focus on your cash on cash return - or the amount of money you receive every year from ca...
Does STR income after the first year become passive income?