I haven't bought a standalone rental since 2015. Since 2017, I started investing exclusively passively in real estate syndications - in over 15 opportunities at the moment.So far, the two than have fully exited have r...
I recently started a house flipping business (although I'm not sure how good of a business it is since I have yet to flip my first house). After researching for I can't tell you how many years and after what seemed li...
Obama sounded almost giddy on how well the country is doing. The stated unemployment rate only ROSE to 9.9%. HOORAY! (however, when you include EVERYTHING in that category, it is 17.4%, almpost a record high)He says t...
I have a turn-key rental with Mack Companies in suburban Chicago that has been vacant for FOUR MONTHS!A small sample of my issues with the management:Finding out a tenant has moved out weeks after the fact. When the m...
I realize that everyone has a different standard of living and expectations in life, but what is your FREEDOM number that would allow you to leave your W2 position? What would you want to do with your time if it coul...
This made me cringe...We've got mobiles rented in NorCal by people of very modest means and have been mindful of that.https://slate.com/culture/2019/04/john-oliver-mobile-home-rent-rolfe-last-week-tonight.html
Good morning, BPers. Hope your weekend is going better than mine. As you can see by the subject line, tenants at one of my rental properties have decided to increase their income by renting out rooms at the house th...
Real estate is super fun - and most of us are obsessed. But what do you do when you're not real estating?I'll go first. I love to hike, road cycle, and snowboard.
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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Hello BiggerPockets family!Well, it's official. After a lengthy process, I have finally put my first personal residence under contract. It is a 4-unit apartment building, which will allow me to utilize FHA 203k financ...