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Three of us are planning to buy a single family home or duplex for a buy and hold plan this summer (or before). We know we most likely need to take title in our own names for mortgage purposes, but then want to transf...
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Here's a question for all you insurance agents and landlords. I recently heard that I may be able to place all (4) of our rental properties under one insurance policy and that it would probably lower our overhead. I'v...
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Does anyone use mint.com to manager their personal (non-business) finances? If so, how has your experience been?
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Hi,
I have been doing private lending at small level with my own money that me and my wife earned.
I was doing on our own name, no LLC involved.
Now I was thinking opening a LLC.
Just need opinion what are pros an...
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I know this a common topic of discussion, but thought I'd ask another question as it relates to rehabs (we GC our own rehabs).
I know you need to send a 1099 to any "independent" contractor to which you pay $600 or m...
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Hey everyone,I am a sole proprietor with a steadily expanding buy and hold portfolio. My kids are age 8 (son) and 10 (daughter). As a single dad with sole custody, the kids have always tagged along in some way - somet...
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From what I understand, you can wholesale in any market. Is there a way to gauge the competition level in a particular market? And what are the key factors that determine the level of ease/difficulty of wholesaling in...
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Any high performing agents choose to be taxed as an S-corp??? I heard its expensive to manage and you have to do payroll and bookkeeping.
Hello everyone,My name is Mark and I am a life-long Chicagoan. I come from a financial industry background, but am new to real estate investing and would like to start to get more involved in the industry. This post i...
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I saw an excellent piece of advice in our Official BiggerPockets Facebook Group today. "I created an operating procedures manual. Details all vendors, bills, banking setup, tenant details, current outstanding projects...