Hello, within the last year I purchased my first property by using the house hacking strategy on a duplex. My tenant pays most of my mortgage for me and I became incredibly determined to try and get another deal in th...
Hey BP,Looking at starting an LLC to manage future investment properties. Anyone have experience operating an LLC and not having to pay self-employment taxes? Here's my understanding of the IRS code on this question...
Hi everyone, newbie here currently educating myself and saving up for my first investment property (goal: house-hack a multifamily).Has anyone here did wholesaling as their way of starting out and raising capital for ...
Hey BP forum! I'm Joe - my wife and I have always craved "off the beaten path" careers which has been rewarding in many ways but not quite financially. Despite that, we've loved finally becoming homeowners (SFH) and n...
I've read articles and tried to drum up info online about the pros and cons of making a grouping election for rental real estate activities, but it's not "clicking" with me for some reason. Hoping someone can share th...
I'm in my 20s, live in my own SFH that is nearly paid off and looking to buy my first SFH rental property.
Over the next couple years I would like to own about 10-20 SFH.
I work a full time job so these rentals woul...
I am purchasing a property that is projected to generate gross rents of $3,000 per month. When I am done rehabbing the place, I am going to be looking to cash out about $60-$70k to do another project. This would be a ...
I'm on the cusp of retiring from military service, and I'm contemplating moving my Thrift Savings Plan (TSP) to a Solo 401 (k) after retirement. The goal will be to use the Solo 401 (k) to buy Turnkey Rental Properti...
I'm trying to generate cash flow. My net worth is primarily in the stock market. I'd prefer to take upwards of 30% of it and invest in 1 or 2 rental properties.
Should I just randomly call a realtor and prov...
Hi Everyone! I have a confession. I am not really a new member. I have actually been on Bigger Pockets since 2008 and I have yet to actually make a real estate investment of any kind. The reasons why I am where I ...