Ok so I have been taking steps to move forward into REI. I was told yesterday by a lender that we would have issues being approved for a loan mainly for this reason. I own a business, we make great money through this ...
Hi everyone,My name is Chibuzor. I am 24 years old.I am extremely excited to be here and to communicate my intention for the future and the motivation behind it.I am currently listening to the BiggerPockets Podcast #3...
I spoke to my CPA today who said that an LLC is more hassle than it's worth if I don't intend on having any business partners. He explained that if the real estate documents are appropriately drafted on the front and...
I came back from the summit and realized theres so much more I need to know about my market. How do each of you define demand? Are there reports you run with an agent, are there specific stats you pay attention to? ...
A question for those with experience house hacking a multi-family house:What was the most financially-intelligent way to utilize your tenant's rent to apply it towards your own mortgage payments? I plan to own a duple...
Here's a question that must be a no-brainer to others, but I'm drawing a blank and thought I'd put it out to the BP community. How do you handle tax reporting for an office space? That is, how do I handle the taxes ...
My father has been working as a handyman my entire life where he has even invested in some properties, however, he was hit hard in 08 during the real estate crash and has never really recovered from it. I am now condu...
So it looks like the second wave of the virus is picking up throughout the US with certains states getting hit harder than others. Over the last couple days I've had two cancellations, and a handful more inquiries cha...
Hi everyone. I’m very new to real estate investing. I’ve just been feeding on reading content. I’m currently reading Long Distance Real Estate Investing by David Greene. And would like to apply his advice to starting ...
Is there a way to defer some rental income into some kind of retirement account when retired?
Lets say someone was able to live entirely off savings for a year, could they somehow put their rental income into a defer...