I'm considering converting one of my SFH (4bd/1bth) rentals into a rent-by-the-room situation. All of my other properties have one family in them, however I wanted to consider the possibility of using this new deal to...
Soil erosion Plan:
1. DNR- NPDES 2 plan. Received approved notification. This covers all of our activities.
2. DNR/Corp Eng- floodplain. This is actually in a hilly area, but you still need to do Flood plain an...
I've been trying to brainstorm ideas about what moving out of my SFH house hack would look like after a couple years. I purchased a SFH 6 bedrooms / 4.5 baths in Salt Lake county in the Silicon Slopes area with explo...
Hi BP Community,
First time writer, long time listener! One of my goals this year was to take actionable steps into jump starting my real estate journey, so here I am, taking that first step.
A little about me: I'm ...
In a failed attempt to buy a smaller 4-unit multi-family property, I stumbled across an 8 unit deal in Pensacola. This was going to be my first deal, so I'm not really familiar with the larger multi-family dynamics an...
After coming up with my freedom number, realized how many units I would need to hit that number. I have 4 real estate loans currently. How is it possible to get 10, 20 or 50 loans? Are the loans considered commercial?...
Hi everyone my name is Nicki Shelton my husband and I are new to this site. We have been wanting some rental property's for a while now and we are just starting to get serious about investing. We have narrowed down wh...
When my LLC issues a K-1 to its investor, who's tax ID number is entered for the recipient? The investors SSN? The investment funds came from a self-directed IRA so the partner is not a person, but an IRA account. Yet...
Hi - I am a new investor starting to invest in long term rental properties. I am a high income W-2 earner based in NYC. What tax strategies do folks recommend? This will be a passive investment.
Hi BiggerPockets,
I have researched articles but did not find detailed steps and things to do while buying a property (SFH, duplex, triplex, quads). Please kindly take some time and make this into very concis...