Josh Jacobsen
Land Contracts.
Hi Friends, I'm a huge fan of the collective wisdom of BiggerPockets, and wanted to seek out a few ideas. There is an apartment building listed on the MLS that I've been fantasizing over for several weeks, and after m...
Cody Barrett
Why I filed for a LLC. Only own 1 property too.
One popular question on BP is the question of "should I file for a LLC" or "Do I need one?"I definitely do not have that answer because everyones intentions, needs, and goals are different. But... I decided to file f...
Nicole Pettis
What are your thoughts about REI?
Is it smart? Is it high risk? Will you go bankrupt? Is staying with your 401k's and mutual funds the best way to retire?
The reason why I bring up these questions is I had a big discussion with my father in l...
Danielle Cage
Creating an LLC - use my CPA or diy?
Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
Dan Mackin
Effective Rent By The Room Strategies
As it becomes more prominent in the US it seems there should be a discussion on renting by the room. Yes, I'm aware that this has been done forever with student rentals, but I'm specifically talking about post-college...
John Upperman
A Real Estate Investor is born ($75K Profit on first deal)
Hey BP Community,I became a BP Pro member in December of 2015. After years of talking about investing in Real Estate I decided it was time to take some action. I started using my hour commute to work to listen to th...
Brian Schmelzlen
Bad News for Buy and Hold Residential Investors
For the past 8 months, tax professionals have been studying Section 199A (the 20% pass-through business deduction) and trying to position their clients to best be able to maximize their deduction. However, we have be...
Karen Margrave
FUNDING REAL ESTATE PROJECTS
There’s nothing more critical to investing than finding money/funding, etc., and I know that I, and many other BP members would like to learn from those with different experiences. As a developer, there’s always...
Edward Stephens
Should I take a hardship withdrawal from my 401(k) for a down payment?
Dear BP Community, I am actively looking to purchase both units of a duplex, live in one unit and lease one unit (house hack). I found a property that I’m considering making an offer on, and I’m analyzing different ...
Max T.
ADUs legal everywhere?
FACT SHEET: Biden-Harris Administration Announces Immediate Steps to Increase Affordable Housing Supplyhttps://www.whitehouse.gov/briefing-room/statements-releases/2021/09/01/fact-sheet-biden-harris-administration-an...