Christian Manhard
LLC or sweat equity?
My fiancé and I just completed our first BRRRR and cash out refi. We turned a duplex into a triplex making 90k in equity over 15 months. Being a contractor I did all the work (sweat equity) besides plumbing and electr...
Rachel Luoto
401k vs REI: time for a change?
Hey friend :)I am currently maxing out my 401k, which leaves almost nothing left to save for a down payment. This made sense: my company offered a 25% match on 100% of my contributions. However, I am now planning to l...
Greg Mitchell
401K
At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do.
The way I look at it, the company match basically protects my contribution from inflation, and any fund i...
Grace Norton
Help! Need advice - screening my first tenant
I am screening my first applications for my first rental property.
I have a young married couple who is looking to get their first apartment together to move out of their parents house. They are in their very early ...
Ryan Plesz
How to start in a state with a budget crisis (CT) should i move?
Question for BP Members about what I should Do Now, is my state (CT) dying?Hi BP crew! I'm trying to get started in long term rentals and looking for some opinions, since I live in a declining state?I’ll start with my...
Chris H.
Looking for a new job that will help gain REI experience
Hi all,
I’ve been reading books and listening to the podcasts for a little while now. One of the earlier shows had a guest who advised that anyone starting out should get a job that surrounds you with people already ...
Alex Scheer
New Member from Dallas, TX
Hello BiggerPockets!I am a licensed attorney that mainly handles Labor, Employment and Criminal matters in the Dallas/Fort Worth area. Recently, my father and I have decided to look into real estate investing as an av...
Richard Boyd
In-Home Daycare Tax Help Please! New York State
Hi guys!So I have a duplex (commercial zoning) only in my name. My wife runs an in-home daycare (dba) out of one side and we live in the other side. My question is... We would like to avoid paying the 25% self-employm...
Sam Josh
Retail Debt and what it means for REI & Next Recession
https://www.bloomberg.com/graphics/2017-retail-debt/We as RE investors are constantly looking for opportunities and also assessing risks. Bloomberg just came with what I think is a very solid and deep analysis on one...
Heath Thomas Jr
Using Virtual Assistants for real estate
Hey all,I'm thinking of implementing a virtual assistant as we ramp up marketing in our REI business, specifically to skip trace motivated sellers and cash buyers. Has anyone used one before? Did you have luck? how di...