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Why You Should Not Allow Residents to Deposit Money Directly Into Your Bank Account.
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Hello All, I have been hearing about rental properties in states like Tennessee, Arkansas, and Michigan that are remodeled and under 100k. I've heard of some being in the 50-75k range. They are being sold by agents/...
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I haven't seen a single deal in the city of atlanta that cashflows, and I've looked at about 200.
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Hey BP Fam, do you remember your first 10 rental properties? As a newbie REI, I would love to hear more about your experiences starting out. I've set a 10 year goal for myself to acquire 50 rental units. As a shorter ...
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Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
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Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
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Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
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Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine... Short-term rental investors, it's your time to shine!
In 50 words or less, let us know: What do you think about the future of sh...
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Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
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I was planning on buying my first property to house hack in the upcoming fall 2020. Due to the COVID pandemic, some peers and I are unsure if we can count on quickly finding new tenants. What is your experience? I'm i...