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First time poster here! I've been working through all the Bigger Pockets calculators and I need help answering one more question.
I'm looking at scooping up a mid century condo in Palm Springs, which I would then...
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Had my first encounter with a realtor tonight. Somewhat interesting to say the least. First hand learning experience. Realized no one will ever be as interested in making money with me as I am. I quickly realized that...
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I know that in this business talking on the phone is a must. However, I struggle and hate it. I have missed opportunities just because I feared calling. What is something I can do to help me with this phobia of callin...
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We recently attended our first courthouse foreclosure auction in Gwinnett County. We saw 4 houses come up for auction while we were there. All 4 houses sold for ridiculous prices. So we're sitting there thinking, w...
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Does anyone have any insight on setting up a single member LLC for flipping properties rather than rental properties? I have heard that S-Corp entities are better for the flipping method, but I'd rather set up an LLC...
I was looking for an umbrella policy and have just about given up. After 3 to 4 hours invested I am having no luck.Always a problem.Over 10 rentalsWill not write over the current landlord policesNot available in my st...
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In the world Guru real estate professionals, there has always been a trend that's both baffling and amusing: overcomplicating business structures. Let's dive into the absurdity of setting up an LLC with a separate Wyo...
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Hello fellow BP members. I live in Houston, Texas and are getting ready to open a new business bank account for my newly formed LLC. Are wondering which banks may be more friendly and convenient to us real estate rent...
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Hello BiggerPockets communityI have listened most of the BP podcasts and went through all of the 2012 summit and several books. in last 2-3 month in all of my time free from full-time job.Disclaimer: I haven't done a ...
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Can you use a Vacation Rental for personal use without affecting your tax deductions? At what point of use do you have to prorate expenses as business/personal?