I am selling my house in Milwaukee. I then have to drive back to CO with a dog, 2 cats and a small trailer in tow - likely in January or early February - the Worst time to cross the country. Any suggestions on how ...
Hey I’m just buying my first property, I’m thinking about putting it on air bnb. Do I need a business for tax purposes or can I just file taxes as normal but just with the added income of course. Thank you for your kn...
One question I get frequently from individuals who have signed a purchase agreement for residential real estate in Florida, such as a condominium, is whether they risk being faced with a lawsuit from the developer in ...
Hey BP pals. I just got a letter from State Farm stating they wont be renewing my policy. I will try to get as much detail in here I hope I can get some ideas. Ok Its a 16 unit apartment In Hammond MN which is a very ...
I’m on the process of purchasing a legal 2-flat in Chicago, with an unfinished basement. I plan to combine the first and second floor units into one unit for myself, and build out the basement as a rental unit (7.5 c...
(assuming adequate capital each year from salary)Year 1 -- Buy 150-200k single family or duplex with 75k down payment on 10-year mortgage-Rent property (may cash flow, but happy to just break even)Year 2 -- Buy 150-20...
Hey all! I've been listening to the podcast for quite some time and I'm finally taking the dive. Actually, I'm partnering with a friend to make the dive. The division of labor will look something like this:Me: Find de...
I had a real estate lawyer quote me $700 to set up a LLC. Any idea of what the actual cost is?
Omar
Hey BP! I made a similar post about file sharing but now am looking at suggestions where people track finances, in particular their income and expenses. Do you have a one stop shop for all your finances, do you use it...
Hey Bigger Pockets Family!
Protecting the value of your property is essential. Here are two reasons why it is a good idea to conduct regular inspections of your rental properties.
#1 Verify that no illegal activity ...