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Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
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so I just recently filed for my LLC and Ein. After I received my employee identification number, I was told that if I want to, I have the option of filing form 8832 "Entity Classification Election" and elect to be cla...
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Switching strategy from fix-and-flip to BRRRR this year. I'm trying to understand some of the intricacies that separates the two. This is my understanding of a successful approach to scaling BRRRR. 1.) Purchase proper...
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Just saw that trump signed an order repealing the Dodd-Frank act.
Regardless of your political views, what effect will this have on the common person using the Brrr method, buying and flipping, and obtaining loans t...
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Congress, US Treasury, and the IRS have been involved in a flurry of activity at year end. Congress passed the Taxpayer Certainty and Disaster Tax Relief Act which is effectively a tax extender bill, and then also pas...
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Hey everyone! I'm fresh on the scene from NY. So excited and proud to be part of this like-minded group. Can't wait to connect & learn from you guys....especially when it comes to building an elite investor pool!!...
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I am helping someone out that is looking to buy a commercial property. It is a strip mall with about 14 units with a cap rate of 8.37%. I am doing all the calling around to get all the numbers. I will be a property ma...
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I am wanting some input on buying our first property in a smaller town (that I grew up in) 25 miles from a major city? The small town has been growing in GDP every year and is expected to grow another 35% over the nex...
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A friend introduced me to the Bigger Pockets podcasts and I have just listened to the 82nd podcast in 3 weeks time. Lots of good information and very motivational, which prompted me to buy a sub-division already devel...
Hi all,I am looking into quit-claiming my southern California property to my Grandfather's family trust and had a couple questions on any tax situations that might occur. There is $192k left on the mortgage, which wou...