Hi Everyone,
So happy to be part of the Bigger Pockets community. I just purchased my first Duplex, and I will be an owner-occupant- yay! I want to do this right to set myself up nicely for when I start looking for m...
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I own (2) 4 families, (3) 2 families, (1) 2 bedroom short-term condotel rental and (1) single family (main residence)What is the optimum way to protect my assets? Should I establish a trust? Keep each property as an i...
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Hey bigger pockets community, I need some advice as a newbie.
I have three properties available for purchase all in the same area:
1) Four-plex (4 x 2/1) $225K, rent is $2400 per month, CoC 16%
2) Duplex (3/2 and 2...
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I've always wondered if using a credit card was a viable option to pay for advertising expenses. Some new agents, like myself, don't exactly have a particularly large amount of capital to start with so it would make s...
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Hi all!I've come into some recent cash while also being in the midst of my first flip, funded by a private loan and a Line of Credit. J Scott's recent interview on the BP podcast discussed the inevitable economic depr...
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I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...
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Hello - I am new to REI and getting ready to close on my first set of properties. I have a structure that is a Master LLC and subentities that will be used if either STR or LTR. I currently have 1 Business Bank Acco...
Hi BP community!Brand new here, been searching for my first property. I’ve been looking at duplexes (or more) to owner occupy. I was pre-approved for 350k conventional or FHA. I’ve been trying to find deals that will ...
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The below article talks about the advantages of a health savings account. One of the things they say is you can make contributions to the HSA and invest those amounts, but pay your medical bills with other funds. Th...
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Hello, Everybody!I have a question for the BP Community, and would be very grateful for some direction. I have spoken with folks everywhere: Anderson, Laughlin, my CPA, real estate seminars... now I am pinging the gro...