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Am I throwing money down the drain by putting it in an IRA?I'm looking at 30yrs before retirement; assuming a 5% yearly stock market appreciation I'd have to put about $2,440 dollars into an IRA every single month for...
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I was hoping to use Quicken Loans and FHA for my first 4 properties. Turns out a 4 unit multi family is considered 4 properties or at least that is what I was told. I have some emails and calls out for portfolio loa...
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Toying with the idea of developing a project which would be targeted at tradespeople/smaller contractor. Each tenant (or partner, not sure of the structure yet) would have their own office space (approx 200 sq ft), a...
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I'm a little stuck and could use some opinions on the matter. Every article or post I read seems to contradict the last to some degree, and each answer seems to create 2 questions. I am under the impression that for...
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The repairs have far exceeded our budget. HELOC application is in progress but a VERY long lead time. Looking for financing to keep repairs moving forward. Any suggestions?
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Hi,
I am a physician employed at a university hospital with W2 income. I have 403 and 457 retirement accounts through my employer.
I plan to get my real estate broker license this year and I wonder if I am eligible ...
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I currently have a LLC registered in the state of Illinois. If I were to buy an out of state property, what's the best way to go about holding that property? Can I hold it in my Illinois registered LLC or should I cre...
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I own 3 rental properties in different states and am looking to protect my personal assets. I thought that LLC would be my best option, but I've also been told that if the LLC is in you own name with you as the mana...
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Hey all,I have been a long time member of Bigger Pockets, but mainly just a lurker. I am looking to get more involved and become a part of this seemingly amazing community. When I ask myself about Real Estate, there's...
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Hello BP, I've read some of the books (BP and others), listened to some podcasts, and am zeroing in on a workable strategy to buy and hold (waffling between single family and small multi-family to start). If one thin...