No one really talks about co-living but it is a great way to increase rental income by 25%+ and turn your house into purpose. I have been doing it for the last year and it has had great results! It is fairly easy to s...
Hey All,I have two different questions but they are ultimately linked. I'm super confused at this point on the tax advantages of buy and hold RE. I have been talking with my aunt who is a CPA here in the Houston, Texa...
Hi! I'm Dan, and I'm pretty new to BiggerPockets. I've been a member since this summer and have started to listen to the podcast semi-regularly over the last few months. I've read a decent amount of literature, includ...
I had my attorney create a revocable living trust for me several years ago for estate planning purposes. I use this same trust to hold my real estate syndication investments (again, for purposes of estate planning an...
After reading many books on personal finance, a common recommendation is to keep track of your net worth. I like the idea of this. For me, RE investing is about CASH FLOW to grow and sustain the business and NET WORT...
Hello all, just looking for input on how to address the following situations with a rental application:a. Applicant has indicated previously owned a home with spouse but is currently going through divorce and living w...
Hey everyone, EIN filing time for my single member LLC. My attorney was so kind to include some documentation about filing for the EIN...but alas my simple mind cannot figure out this quote for some reason. Or maybe I...
Hi Everyone,My wife and I bought a duplex and started a renovation in early 2022. At that time we had a 3.8% interest rate and our intention was to BRRR the property once completed - well, right as the remodel was fin...
Hi BP,
Can I get copy of an operating agreement as an example? I’m looking to invest with a friend of mine an we want to set things straight from the get go.
If there are examples on here already. Just direct me to ...
What do you all use to manage your tenants requests at all hours of the night and day? I know of some tools that manage tenants, like GetRileyNow, Cozy, AppFolio...but are these tools manageable for smaller landlords,...