My LLC (small partnership) has been renting an 8 unit property in Rochester NY for the last year+Last year (2017) we filed a 1065 and state tax return with a colleague and CPA. We were satisfied with the results as h...
So I finally sold a home and made a considerable amount of money. I took the money, though not all of it, and bought a number of new properties. How do you go about handing taxes with this type of situation? What k...
Just like the title suggests, the next evolution for short-term and mid-term rental is for some company to streamline the handyman process. Long story short, my 2023 year EXPLODED with some out-of-state investment pr...
Hi guys my name is Jack Gallacci I am a brand new member of BP. I was totally moved by my friend who has been in the real estate investment business for a few years now and I caught the bug. I have been devouring all ...
what are best ways for passive income for highest return?
Helloi am interested in buying 2 rental properties each under 100k. My cash on hand is $35k. 1 is in Benton, AR and other in Cleveland Ohio. Totaling $170k. What are my options? is this possible with cash that I have...
I have a chance to acquire three new units, and it looks like a good deal for us.
The only thing is: I have only dealt with traditional leases, i.e. one or two years, monthly payments, month's notice to move out, etc...
Investing feels overwhelming, and I get stuck in analysis paralysis. How much of your free-time goes into research versus actual hands-on work on-site? I’d much rather be working with my hands than sitting in front of...
Total PITI : $2,800 p/m ADU: Rents : $1900 p/m Home : would rent for $3k per month Potential Gross cash flow: $2,100 per month Purchase: $500k Current ARV: $900k Can these numbers be achieved today with high interest ...
Good Morning Bigger Pockets Family,
I recently listened to BP episode 527 and episode 528 with Pace Morby, and I (like many of you) was inspired to take action with the immense wealth of knowledge he provided on sec...