I've come to a crossroads and looking for some advice! I know I want to be Investor and I'm currently looking for my first multifamily and for possible flips in my area. However, I've come to grow very weary of my cur...
So, I finally decided to start an LLC. After much debate and discussion, I decided to use my local attorney to do it. I checked with a tax advisor and they said all the start up costs are tax deductible, which makes...
As I'm sure a lot of you know many of the properties being offered up by the wholesalers typically have foundation issues. I'm curious as to what others in the area think about these? Addressing foundation issues can ...
Hey BP -I've got my investor friends to weigh in on this, but would love to hear the collective wisdom of this communities input.Background: bought a SFH with a tenant in place. It's been a little rocky with them so f...
Hey BP family, I have a question?I am under contract to purchase my first rental property. I pulled $50k out of my current home, as a heloc. I am then getting $300k from a hard money lender to purchase said off market...
I already have a job and I am saving as much money as I can from it. I listen to both BiggerPocket Podcasts during one of my jobs (im an electrician doing plugs and switches) I am also trying to have a rental game bus...
Hey all,I just closed on a deal I am very excited about ! 3 separate - 2 unit properties in great/solid condition FULLY RENTED for 105,000 total price 35k each building and only 5 K DOWN ! This deal brings in 3500 in...
Looking at a four-plex as my first multifamily venture. I have the rent roll and expenses for the past three years and have a question about an item in the expenses column. It's entitled "Inv. Fixed Asset" and is one ...
Hello everyone, I just want some feedback from some fellow investors in the Florida real estate market. I live in Saint Petersburg, FL, but I often do business in Tampa. Hillsborough and Pinellas county are my main fo...
I've seen a lot of info about the self-directed IRA for investors that are under 60, but I haven't found anything (yet) for those of us 60 and over. Is that still the best vehicle to move my 401k into, if I want to in...