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Ok for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rental...
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I have a question for you tax gurus out there. Obviously with the real estate market being hot, it is/was a good time to sell some rentals acquired during the market downturn.**My Situation**I sold some a large quanti...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $320,000
Cash invested: $320,000
I was drawn to the idea of investing in a duplex for several compelling rea...
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Individuals can find many different opportunities to earn income in real estate because it will never go out of style. It is always has a vast potential income-generating asset and provides a better return. Real estat...
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Hi all, My partners and I are closing on our first property. They both live in NJ, and I live in CT. We just registered a partnership (based in NJ) and filed for NJ taxes. Does anyone have experience as a non-resident...
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Hey everyone!
Excited to join the BiggerPockets community as a newbie eager to dive into the world of real estate investing! Since I was a medical student, I've always been passionate about making smart investments...
I know the correct answer to this ... contact a knowledgeable CPA ... and I am looking for one, but in the mean time I wanted to see if anyone any insight into this.Here is what I want to try to do:Set up an S Corp to...
Father in law has 1.66 acres zoned R-18 which allows 12-18 units per acre. It is in a central location in town and properties to west and south have recently been developed.The current house is in rough shape and will...
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We are 4 younger guys recently out of college looking at forming an LLC to purchase our first investment property. We planning to meet with a lawyer soon to cement our articles of organizations and operating agreement...
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I bough my first property an 25 years old two years ago in 27 now the property was an double wide mobile home 1580 sq ft 3br 2bath I was renting for an year for 550$ an month an I knew my dream an passion was to own r...