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How common is it to charge tenants for water and sewage? Doing so would make this 4-plex property I'm interested in worthwhile. I also feel people wouldn't waste as much if they are paying for it. This property is in ...
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I own several rental properties in New Jersey owned in two LLC's and now it's tax season. I have several venders (plumbers, electicians, HVAC, etc.) that I use for maintenance and repairs. This year my wife learned th...
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I just incorporated. I want to flip houses until I have enough money to move on to commercial/land development. Where do I start to start gaining capital myself. I am trying to get myself into a new job course...
Tha...
I have about 5 rental units in Chicago, that I own outright, along with a lot of personal equity. I'm planning on getting more rental properties but want to make sure my liabilities are in check and that I protect my...
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Hello BP FamilyCan please someone explain me. If you would like to use the money saved up in your 401K. to buy a buy and hold how does that work?Any help will be greatly appreciated.ThanksBianca
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I am new to investing (focused just on flipping right now)and have never run a small business. Through books I've read recommended on Bigger Pockets and researching, I know that you need to have independent contractor...
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Why are income taxes never incorporated into cash flow calculations? I am on track to have 6K positive cash flow in my first year for a house I bought this January. I however don't have the slightest idea how much o...
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The City of Chicago has recently streamlined its financial incentive programs for economic development within city limits. Historically, navigating the funding landscape was complex with differing program specific fun...
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What is the best corporation to incorporate yourself in when investing in real estate? And why?
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Hey everyone! I'm curious to hear from those who have a small real estate portfolio with someone you're not related to? (i.e not a husband/wife team). Wondering how you structured it, and if you have any advice for my...