I've had great success this year by purchasing the company (LLC or Corporation) that holds the property rather than buying the property directly. This strategy has allowed me to save on closing costs, secure favorable...
Morning everyone,I am looking to buy a home in May when my lease ends. I plan on buying a single family home with a minimum of 3 beds and 2 baths. I am currently renting a 2200 sq. ft. 3/2 house for $1500 a month. Aft...
Hi all
Aspiring real investor here, I have managed to save some money and currently learning as much as i can before buying my first rental. I do have a question, i work a 9-5 and since i have no kids or an spouse, u...
After I reach 4 properties that I have a mortgage with what is my next step to buying more? I have not reached 5+ unit properties yet so I’m not to the point of doing commercial.
Hello, My Name is CJ. Houston, TX Is the 4th largest city in America, only preceded by Chicago IL, Los Angelas CA, and of course Rome its self New York, New York!
I am moving to Houston in about two months fo...
Hi all. Haven't posted much on here, but really enjoy reading all the information on the BP site.Not to sound cheap, but does everybody use an accountant to do their taxes, or can you get away with using Quickbooks a...
I am looking to fix and flip my first property in a few months and have been looking at using a hard money lender (HML). For rough numbers I am aiming at 150K for the property and 50K for rehab. With this in mind, I h...
Hi BP,I just got a letter in the mail from my accountant of many years that she will be retiring. So, two questions...1) Can anyone recommend a real estate/business focused CPA that does planning as well as tax prep.2...
Hey BiggerPockets Pros!
Have you signed up for a Pro exclusive virtual Bootcamp yet? Our Bootcamps are priced at discounted rates and are ONLY available to Pro annual members. As a Pro annual member, each 12 week onl...
Question: Is it better to use cash or credit to buy real estate? Guidlines:Cash: You have enough cash to buy a piece of property outright. Credit: You are taking a loan with 20% down and 10% interest rate fixed. You c...