We bought our first rental property, a triplex (home converted to 3 separate units) after several months of searching for the best deal. We found out after that this property has several open code violations and 1 or...
There have been a couple of posts about this in the past but no definitive answers came out of them. My question is why would someone set up an LLC and elect to be taxed as an S Corp instead of just taking the S Corp...
Right now, I am in the beginning stages of real estate investment spending a lot of my time educating myself. "House Hacking" is probably my best strategy while searching for my first property. I'm single, financially...
I just finished reading Buy and Rent Forclosures byJoseph Neilson.
Mr Neilson advocates stripping houses of central air, garbage disposals and many other amenities in order to eliminate maintenance costs.
...
Hello, Newbie here. I was searching through the RMLS and trying to get some practice in on looking at buying a rental property. I'm not ready to buy, but I am pretending that I am to gain some understanding on how t...
Hi Bigger pockets forum!Nice to meet everyone, my name is Ellette. I am 28 years old, work in the film industry, and currently trying to figure out an investment strategy that will work best with my lifestyle. My goal...
A couple of days ago I read about a newbie on here that was about to make $200 cash flow (I've made the same mistake) on a huge risky investment.
The pros weighed in and one stated "you can make more money managing so...
Is anyone here still finding deals on the MLS? Or is it mostly off market now?I have been looking for a year, have made god knows how many offers and have had no luck.I looked at a property a few days ago in need of a...
Hello BP'ers,
I've located a multi-family property not too far from me that i'm interested in. My plan is to purchase FHA and occupy one of the units. This will be my first real estate purchase. My intent is to hold ...
Hi - I currently rent two single family homes in Overland Park area. I am now interested in buying land and developing new 4-Plex units. Depending on the cost, I would like to start with 2 units and later build more a...