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I purchased a vacant plot of land over a year ago. My original intention was to flip it, but now I'm thinking of placing a mobile home on it and selling it. Would the proceeds of this sale be considered long term capi...
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I'm still new here, so I apologize if there is a better forum for this post.I am wondering if it would be worth it to use money from my 401(k) as a down payment on an investment property (a flip preferably). What are ...
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Hello, Bigger Pockets community!
My name is Saed, and I’m excited to join this vibrant network of real estate enthusiasts and professionals. I’m a recent graduate from community college and currently a senior at Geor...
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Me and a partner formed an LLC earlier this year. We wanted to start investing in real estate and my partner has a few large assets he wants to protect. We split everything 50/50.
We are closing on our second proper...
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Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
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What metrics do you find most valuable when choosing an investment?
Of course cash flow is always the first metric I look at, but what about GRM (gross rent multiplier = purchase price/ annual rents)? Cap rate? Oth...
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Income: -$3,000 ($2,400 after taxes) salary-$500 ($400ish after taxes) dividends/commissions-$1,575 in rental income for my owner-occupied duplexDebts:-$950 mortgage for my duplex-$50ish for min. c.c paymentHow I thou...
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Hello Bigger Pockets Family, This is my first post on the BP forums and I'm currently reading the "The Book on Rental Property Investing" by BP. After watching Brandon Turner's video on "Analyzing a rental property ...
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SNH dropped 20% today. https://finance.yahoo.com/quote/SNH?p=SNH&.tsrc=fin-srch-v1Oh the importance of buy limits. I've had my eye on this Senior Housing REIT for a little while. The dividend yield was 11%! I ...
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I am looking to setup a c-corp to collect rent on my multifamily unit. The catch is, I dont want to put the title of the property in my c-corp's name - I want it to remain under my personal name.
Can I use th...