David K.
House burned down - what to expect next
My investment property had a fire and burned down... To be more exact, only half of the house caught fire and the other half got the water and smoke damage from the firemen and all that.The place is uninhabitable; ten...
Josh R.
My First Deal = 6 Doors!
My First Deal = 6 doors! This story begins as many other stories that heard told on the podcast: I started listening to the BiggerPockets Podcasts to and from work trying to figure out a way to exit the corporate ...
Matt Mann
Possibility of Renting my Home
Hello all, i'm comming in hopes for a little insight. A little back story. My wife and I purchased our home in 2008. It was built in 2006 so we are the 2nd owner's. We purchased it for $122,000. We also cashed in...
Forrest Kalk
What's the Market Going to Look Like in 2021?
Hello BP!! I'm a newer agent, and a lot of my clients are curious to see what the market will look like throughout the year. I give them my insight, but would like to know how other people are answering any of these q...
James Defazio
Tax professional help needed!!
So this is the first year that I have not had a traditional job and w2 income to show at tax time as well we own 4 rental properties (one in which we live in one side of a duplex). We also did a short term rental on A...
Dawn Anastasi
It's hard to ask for money
Asking for money seems to be an embarrassing topic. It seems to be more embarrassing to ask for money from private individuals than from a bank. Why? I think because a bank is just an "institution" versus a pers...
JT Williamson
Investment Company
What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...
Chi Cheung
LLCs?
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Spencer Gray
Rent Control: Investing in California just became less attractive
This is a bit of a rant, but I had to get it off my chest.California, following in the footsteps of Oregon, once again is acting with emotion and without reason or a sense of how economics works by passing a cap on re...
Mary Jay
Should I keep or should I sell?
Hi guys,
I have a house in Florida. Bought it in 2019 for 180K, now its worth 350k (My realtor says 400K but I am trying to be conservative).
It rents for 1.4K...Way under value.
I have 2 options:
Option 1: incre...