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Hi new BiggerPockets friends!
I am in a good cash position and looking to enter into real estate.
I'm trying to wrap my head around one key thing... For simple math, if I purchased a $100k property with 20% down a...
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I have been slowly growing my buy & hold portfolio and I am getting to the point where managing my books from excel is not the most efficient solution. What does everyone recommend from an accounting software stan...
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Investment Info:
Single-family residence buy & hold investment in Shawboro.
Purchase price: $141,000
Cash invested: $32,000
Sale price: $220,000
In collaboration with our client, we expedited...
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My parents currently own a home in Seattle, Washington. It's worth about $160k, and they owe an FHA loan of about $140k on it. I recently purchased my first home and moved my parents in with me so that they can cash...
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Scenario: I currently own a SFH with two partners under an LLC.
If we are wanting to purchase another property this year, do we create a brand new LLC or do we put it under the same entity?
I assume we want to keep ...
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Hello, Of late I have started looking at my tax situation in retirement. I have ideas in my head but I am not finding the correct answers doing google searches. My tax bracket with SS and rental income from LLC or I...
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Hi Everyone,
I just closed on my first SFR and already have it rented out. As I continue to expand with additional purchases in the next year, I am curious about what your opinion is on the formation of an LLC.
The...
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So I have a question for some smart people out there. I own a note (seller financing to a homeowner) and I'm interested in selling my note on a discount and then with the proceeds performing a 1031 exchange into a ca...
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Hello all,So I will be moving into the real estate field in Feb. (retiring 20 years Marine Corps)I'm going to be a licenses real estate agent (TN) to get my feet wet, then dive deeper into flips and rentals. My questi...
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I own a five-plex in Albany that I bought at a good price with cash two years. Other than a broken pipe and damage last winter and contractor issues, it's a good property. I expect the whole rehab to be done in Sept...