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I have one rental property and just bought another house (new construction) near me for my second Rental Property. I know I should have one LLC per rental and that is my plan (have one SMLLC now), but laws here in FL ...
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I am considering selling my duplex in SoCal and taking that money out of CA. I nearly break even on the rent/mortgage but if I am able to escape CA on a 1031, I could potentially be positive cash flowing in the $1500-...
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Hi guys,So I hear often (Robert Kiyosaki, Trump, other rich etc) pay zero taxes legally.Lets say Kiyosaki's business "Rich Dad, poor dad, educational LLC" made 100K.The same LLC went and bought a rental house for 100K...
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Hello everyone. This is my first post here but have really enjoyed reading up these past few weeks. Glad I found this site. It's addictive.
I am getting ready to break ground on my first 2 rentals. I am approved ...
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I have my first meeting next week with a real estate attorney to discuss venturing into wholesaling. Naturally I will be asking lots of questions, but want input from you guys in case I am missing something. What do I...
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I purchased a home through a land contract in August of 2017 for 90k and was paying the seller's mortgage up until January of 2018. I closed on it in January. The taxes for 2017 were escrowed into the mortgage that I...
What would you do?
Upfront thanks for your advice!!
Considering the rent vs. sell decision before we move into a new place....
Currently I can rent my townhome for $1,350 per month which equals my...
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Hello, Bigger Pockets!!It is with great joy that I announce that my wife, Piper, and I have closed on our first rental property! We bought a 2/1 in OH and have the property management company in place to get it rented...
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Hello BP world! I'm a newbie to real estate investing but not to investing in general. A little about myself, I'm a finance major and currently working for a bank as an investment associate/financial specialist. I bou...
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Hi!I just bought my 1st investment property, a brand new home with DR Horton, and used DHI (DR horton lender) for the mortgage, they told me they were going to sell the mortgage and I should wait for that before movin...