Yep—another newbie here, wondering what I'm missing ... I have only recently learned that owning my properties free and clear puts me in a more vulnerable position for liability and know now that I need legal asset pr...
Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
I currently own 3 single family properties which I rent out. I am in the process of trying to secure more. I have a simple DBA. I am thinking about forming an LLC to provide myself some protections. At the same time,...
Hello All,I’ve always been extremely interested and drawn to REI and during my journey to increase my knowledge I found BP. I have spent the last few months trying to learn as much as I can through books, podcasts, fo...
Looking through the forums, it seems that most of the partnerships that I read about are typically involved with flips instead of buy & hold properties. Has anyone considered joining forces with a partner to purc...
Hello everyone,New investor here based out of the Portland, OR area. I've been listening to the BP podcasts and reading up on the forums for the past couple of months and have decided to move into real estate investin...
I live in the suburbs of Washington, DC and trying to embark on my first real estate investment. Since I don't have much capital or experience, I wanted to partner with a real estate friend who is willing to contribu...
Hey Folks, I'm sure the answer varies by market and experience, but I wanted to see what advice some of you may have when considering professional management and STR. Here is the situation: I am purchasing a 2BR/2BA c...
These properties are probably different than 98% of people on here deal with, but it is my line of business and has been for a long time. Hunting property. I buy, sale and hold, property that is used for hunting and r...
Well, I would have liked my first "I just bought a rental property" post to be a bit more of a brag, but it isn't! I bought an apparently nicely cash flowing property (better than the 2% rule) in a flood zone in the b...