I am a new investor and was looking into something a little less hands on to start. I wa wondering if anyone used any platforms like LendingClub or any other programs that yield a good return and don't involve too mu...
To the BiggerPockets community,What have been your best passive investments? By passive I mean less than 1 hour of your time in total a month on the investment. What was the initial cost? How much time did it initia...
I have a property that is only $57,900. It is refurbished and updated. It has 3 bedrooms and 1 Bath. Almost 1200 sq. ft. The home is in a good part of a suspect town. Well kept homes in area and a Police officer live...
Hello all,Hoping to find some insight on where or how to find groups that invest in large projects and raise capital via individuals. In my opinion, they seem to have the same level of passive income as REITs but bett...
Hi there!Us in a nutshell: We're just about to start building up passive income and rental properties are the most appealing asset class for us in these days and economic climate.Having just read 'Rich Dad, Poor Dad' ...
Hi everyone,
I’m currently scaling my Airbnb business and reinvesting all my property’s income into growth. Eventually, I’d like to start using the cash flow to pay myself and work toward replacing my day job income....
Its LLC entity, will issue K-1 for each partners.
Passive income for passive partners - Should it be categorized as ordinary income just as the active partner, or should be short term capital gain? The project is a f...
is there any way I can use passive activity losses (from rentals) to offset non-passive income? There seems to be some suggestion that by becoming a real estate profession, there are ways you can do this, but I keep ...
For the new investors that want to create passive income, what route should they choose to reach that goal?
Hi, I was looking to do a wholesale lease option on a home but we had trouble finding buyers. So a couple weeks go by and I end up finding someone whose just interested in renting the property. I told the owner about ...