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Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
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Been analyzing a bunch of properties to see which ones around me cash flow (honestly not many unless I low ball an offer), but curious to know what cash flow value you all pull the trigger on? Just trying to figure ou...
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BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor!Taxes! Boring and irritating, right?Perhaps. But if you want to succeed in real estate, your tax str...
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Hello Note People. I just wanted to stop in and share some of my takeaways from the Note Buyer’s Boot Camp held by American Home Preservation in Chicago last week. This post might be useful to newbies like me thinking...
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Earlier this year (January), my father passed away and I inherited 14 units (7 structures) free and clear (C propterties). I live in AZ but the properties are in IN so I have hired a property management company. And t...
Hello!Since BRRRR is dependent on the cash-out refinance, what do you do once you've exhausted all 10 loans you can get through traditional financing? Thank you!
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So right now I work in the back office of a bank, financial processing. Pretty boring, all day I'm buried in excel. Very unexciting. Every day is the same. I feel like a drone, very little decision making. It's cushy ...
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Hi Guys! How do you feel about investing in multi-family units in Upstate NY (specifically Schenectady) today? I know GE was a big draw back in the day in regards to employment, but I'm not sure about the current ma...
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Hello BP community - I am a complete newbie and trying to embark on my first project. The education I have gained so far is pointing me to the direction of Buy-And-Hold strategy, but I have heard that DC area is not v...
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I just put in an above list price offer on a 2-flat with an FHA pre-approval and they took another offer. I suspect this is going to keep happening when inventory is so low and buyers can choose someone whose financin...