The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
I'm curious where Bigger Pockets buy and hold investors are finding cashflow these days.
I want to notify everyone and anyone that is currently looking at and considering a purchase of a property from Morris Invest. It is a scam. Don’t fall for the trap of the high returns. There is potentially a class a...
I'm just about to close on my first rental property (house-hacking a duplex in a small town outside of San Diego, CA). The previous Landlord raised rents 3-5% every year on this property, so it is currently rented fo...
Hello Everyone,A few days ago, I stumbled onto the BP website and started listening to the pod casts. Since then, I've listened to 15 pod casts and can't get enough. I'm making a career change from a restaurant manage...
Hello All,If you roll your employer sponsored 401K into a solo 401K, I'm assuming that any profit/cash flow must remain in the 401K as well, correct?Meaning, if my primary goal is to replace $dayjob income, then inves...
Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
I have only ever lived in Wisconsin so I do not have a good idea as to how it compares to other places. I know it always seems that the grass is greener in another state but I want to get some sort of consensus.
The...
We have a town home in Plano at the Shops at Legacy. We are wondering what the development of Legacy West will do to our 11 year old town home in Legacy East. Legacy West is being built and we wonder : WIll it drive o...
First I set up a passive SDIRA (recommendations?)Then I fund the SDIRA by transfering money from my existing IRAThen I set up an S Corp (Object of S Corp is to flip houses and occasional buy and hold, I will be taking...