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Does anyone here have experience buying a property seller financed, to turn into assisted living ?To convince a seller to seller finance a million dollar home to me, would offering an equity position in the business o...
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I’m looking to pull some cash back out and purchase more properties while still cash flowing. I purchased 2 SFH and 3 duplexes with 25% down in the KCMO area. One SFH is worth about $35k more than purchased and the ot...
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I own a small business, so I already have a tax guy. Now I'm buying real estate investments to rent out to tenants, and I've read that you really should get a CPA who specializes in Real Estate.How does this work? Do ...
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Hello! Can someone point me to a podcast, book or blog post about how to run your rental properties as a business. How do we know we qualify and what are the steps? We own two single family rental properties and an...
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Hi everyone,
First post here.
To what extent does real estate investing make sense if you have a highly successful career, and do not intend - or want - to make real estate a full-time career (as I've noticed many /...
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What would you do in this scenario and why?If you had 50k in credit card debt for business startup costs (not real estate) with a 3-4-year plan to pay it off, high debt utilization in the meantime and a 620 credit sco...
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If you are investing in buy/hold/rent SFHs, could you rent a house to yourself that is held in the name of your llc? That way, repairs could be written off. Seems shady and unlikely, but I was just wondering how the l...
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Just curious if someone could explain to me how the 20% tax credit works for an old building. My husband and I are looking to invest in a 100 year old 2-story building in the downtown area of our small town. The buil...
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Hey BiggerPockets,Thanks for all the great info.New member here with a question:I have been researching and reading about rei and I have a plan in my head. I wanted to to throw my situation out there and see if any r...
I'm working to define my business plan, and the more I learn and think about it, the more it appears to me that leveraging the practices of wholesalers (direct-mail, flyers, email) to strengthen the numbers of a buy-a...