Hi BP world. I am currently investing in Rochester NY and often wonder how my fellow landlords/investors deal with stress on a daily basis. It seems as grow bigger in my investment career, it has become much tougher ...
This was in the UK....where they call it Letting & he does fill his ramshackle units with the perfect tenant.He's being investigated so this should end well!!!
Hi BP,Although I’ve only started in real estate investing, I’ve been reading books on tax and legal protections. In protecting my investments, I’ve learned the importance of the first and second defense, home owner’s ...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
I know the topic of LLC or not has been discussed more times than I can count here a BP, so I hope this discussions does not become a debate of whether or not rental property should be held in an LLC. My particular qu...
Long post warning!!
While there are plenty of success stories, everyone likes to hear about the struggles especially when its not them. Here is my tale
It begins pleasantly enough August 3rd. My husband's aunt had...
Hello BiggerPockets!My parents have worked hard throughout their lives to put their kids through school and pay down the mortgageby the end of this year they will have finally paid off the house and are hoping to reti...
Hello Everyone!I am closing on my first rental property (SFR) next week and I plan on self-managing. It is also worth mentioning that I plan to acquire five additional SFR's by year end and to continue to scale up fr...
Hello, I am a newbie to the real estate investing and I am going to be purchasing a duplex this July. I am very confused on whether opening an LLC and having my rental income go through a LLC is beneficial? I have als...
Long time listener, first time caller...I currently work in NYC(hours daily commute from CT) for a large company in a (low)executive role. I have wanted to get into property my entire life, I listen to the pod casts, ...