Hello everyone. I'm just wondering, which of the two strategies will make someone very wealthy? Rehab or Renting out in this market? I've been lucky enough to accumulate a decent amount of cash from wholesaling and...
I have done some searching and could not find an answer, I apologize if I missed it somewhere.
I am considering a 30 year fixed loan to refinance my rental property at 5.25%
But I also was considering the 7 year ar...
Hello BP, I am looking to get involved in the real estate investing game. I currently have a good knowledge of construction and have always had an interest in real estate. I am also currently working as a property c...
I just discovered that our local credit union does home equity loans, and am considering the benefits of paying cash and then doing a refi with them. Although the rate is higher than a conventional mortgage, it requi...
When listening to the BP podcasts I often hear about different tax benefits such as:Itemized deductions related to acquiring/managing propertiesHome depreciation tax write offDo these things lower the tax bracket of t...
As it relates to being the sole owner of the "corporation."So, for my question lets say i hypothetically made 100k for the year. I read that is best keep wages and distributions equal to avoid a red flag from the irs....
Hi amazing Biggerpockets members!!I am a new in the real estate arena trying to find my first deal with the strategy of Buy, Live and Hold multi family rental properties. I have been looking in the Lewiston/Auburn are...
I am a partner in an LLC with three other members. This is our first venture into real estate, and unfortunately banks won't loan to a new LLC; therefore, one of the partners is going to place the mortgage in his nam...
Hello,My fiancé is on H1b (work visa) in the US and we were looking at investing time in getting a real estate license - as a means to get access to and find deals on the MLS. But then, I came to know about the requir...
My wife and I self manage our California rental property but spend no where near 750 hours per year doing so. We are W2 earners with over $200k combined income. Since we don't meet the tax law criteria for "Real Esta...