Real estate investing can be an incredibly lucrative venture, providing the opportunity for savvy investors to build wealth and secure financial stability. In this competitive market, it's crucial to stay ahead of the...
HiWhat methods do you use to find tenants that skipped out?They turned in keys and left no forwarding address. There were damages and loss of rent.One of the local utility companies verified there was no transfer of s...
My husband and I just set up an LLC and are getting conflicting info from accountants that we've spoken with as to whether or not we should elect for an S Corp.We both plan to maintain full time jobs outside of our LL...
Hello,Just curious what you all thought about the idea of using a loan from your 401(k) to finance the purchase and rehab of a 1st property.My plan would be to use 40-50k to purchase a small rental apartment, fix it u...
Hello BiggerPockets community,
I have been struggling through the process of getting qualified for the past 4 months. It has been a long, hard, and incredibly brutal process. A little back story first, about a year a...
I currently have 3 free-and-clear rental properties in a single-member OH LLC (I live in CA). Since that LLC is a disregarded entity for tax purposes, I use Sched E on my personal return to account for the OH rentals...
How difficult is it to obtain a mortgage - even with 800+ credit, if you wait to take out a mortgage until after quitting your job?
Hello - new member, first post to pro.Can we ask specific bank/vendor questions here?If not, please feel free to delete this and accept my apology!I currently bank with Regions and I am thinking of switching to Bank o...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pittsfield.
Purchase price: $165,000
Cash invested: $37,600
A Hard first acquisition. First Hard money lender dropped the ...
I couldn’t decide on Phoenix metro for the growth, or Tucson for the affordability but then I discovered Coolidge AZ which is in between both markets. The “path of progress” is to infill the Phoenix and Tucson markets...