Hello everyone!
This is my first post here as I am brand new to both BiggerPockets and property investments.
I have some money lying around in my bank account that's doing absolutely nothing (was made f...
I was the highest (not winning) bidder on an online auction. Homesearch.com called the next day and said that my bid was "waay off the reserve price", so it must be forwarded to the bank for review. The representat...
It seems tough to RE cashflow investing in San Francisco Bay Area.
I know, it's not impossible.
How are you doing it?
What does it take?
Do you have wear several hats like pm your property, rehabbing the propert...
I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
I’ve recently been exploring wealth management strategies/options to make sure our assets grow and are protected. The problem is I don’t really know what we should be doing to take things to the next level.
For thos...
I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
Thank you for opening my post.I was haphazardly dumping cash in San Diego rental properties since 2006.I don't call it investing, because I had no idea what I was doing. Fortunately, I got in on the upswing of 2012 -2...
I'm looking for opinions on if I should sell my rentals. I have 5 single family homes and I hate them. They are under quasi-management (long story) and largely I don't have to babysit them, but every notice of an issu...
I have seen some that say carpet is the way to go in bedrooms, but others that say it is too expensive to replace and there are on-going costs of cleaning between tenants. Personally I have the tenants pay for cleanin...