Daniel Lehman
Pay off car loan or buy first rental?
So I have a car loan with about 4 years left. The interest rate is at 24%. I have been building my credit up and I'm around 700 now but when I tried for a refi i was denied. Should I pay off my car loan first before I...
Arthur Banks
What should 3% get me?
I'm sitting here going through listings that my agent sent me. More accurately, going thru through the listings that are auto-generated. That led me to thinking... what exactly does my agent do to get 3% of my money...
Kristen Bouvier Scoville
LLC vs S-Corp/ Too many Properties Rentals?? CPA - Tax Attorney
Could use some Tax Attorney or CPA advice! Here's what I have.. My husband and I live in a small Western New York College Town. We currently own over 20 properties primarily Student Rentals; 1- (6 unit 1bd), 1-(3 bldg...
Austin Fox
Self-Manage vs Property Manager
Hello Biggerpockets,As I continue my research into making my first purchase, I have never been a landlord before. I have lived in an apartment so I have an idea what it is like but not from the other side. What are yo...
Forrest Kalk
What's the Market Going to Look Like in 2021?
Hello BP!! I'm a newer agent, and a lot of my clients are curious to see what the market will look like throughout the year. I give them my insight, but would like to know how other people are answering any of these q...
Vivek R.
LLC for Multi Family Property
Hi,I just bough my first 6 fam unit in RI. I am thinking of forming an LLC soon. I am wondering if folks can answer few basic questions : 1) I am based in MA - Should I form LLC in RI or MA?2) Is forming LLC is a pr...
Casey Mack
Housing Stimulus... Good or Bad for the Industry?
So is giving people 8k really a good thing for the overall economy?
John T.
How to do this right, please Advice!!!
Hi there,I am about to start a rehab next week, and I have a question about how should I do this right.I am working with a realtor that is advising me and helping with the contractors. He met them, and we went over th...
Rachelle Pollock
Investing in real estate or paying for chiropractic school?
My husband and I have a somewhat unique decision to make in the future. Come the spring time, we will have roughly $180,000 to invest in real estate. This will be our first opportunity to get in the real estate game...
Jacob Beg
Purchasing a second trust from foreclosure auction-Process?
Hi All:I usually purchase 1 lien positions from foreclosure trustee sales. I have never purchases a 2nd trust before, but came across a property where the 2nd trust is being sold via trustee foreclosure sale. Understa...