What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...
Hello all,I am brand new to the idea of rehabbing and flipping homes. One question I have is how important is it to have an LLC?
The fact that we are novice in this business will shine through in this post. We purchased our first investment property as a foreclosure on 9/2/16. The idea was a BRRR approach. On top of the $65k price tag, we put...
Hey BP Family - This morning BiggerPockets was attacked by what appears to be some kind of network of spammers, including folks from Korea, Hong Kong, Southern California and elsewhere. This may have been a simple spa...
I bought my first investment property (a “duplex”) when I was 22. Prior to making this purchase I had to prepare for nearly two years in order to set up the necessary financial infrastructure to make this purchase. Th...
Hello everyone! My fiance and I will be doing a house hack by summer 2022, we have been saving cash since July 2021. What are the major monthly expenses in a house hack? (Assuming we will be putting less than 20% down).
House is a duplex. Renting out 1st floor while I live upstairs. Got a notice of violation saying - "alleged illegal apartment, need to inspect premise". Dont see actual violation code on the notice. Not sure how inspe...
Hi All, I'm really new to all of this but got brought a deal I may be buying. I'm flying to Indianapolis next week for an inspection but wanted to know what you all think. It's a 1920 single family residence 3 bed 1 b...
So I'm considering retaining an attorney to create a Wyoming Irrevocable Trust to protect some of my assets.
My rental properties are mortgaged so I can't put them in there, but I want to put money in an account in t...
Hi All, I read lot of post in BP and it was very useful and trustworthy. I am a family man living with spouse and kid , living in a rental apartment for $2000 per Month at Atlanta, GA. For more than a year I have bee...