Hi All! I've been thinking about investing in the Thompson, Monticello, and Ellenville markets as we approach the opening (Tentatively March 2018) of the new Sullivan County Casino: "Resorts World Catskills." The stra...
For those who use a property manager (particularly for out of state rentals), do you have to have them listed as an employee of your Single member LLC, or can you consider this as an expense(not an employee) to the LLC ?
I see that there may be a second wave of Stimulus packages offered from SBA. I am a landlord with 13 rentals, and was considering applying for a PPP loan or EIDL loan, as to pay off my commercial loan at a much lower ...
Hello BP Community,I to move my retirement accounts into a Solo 401K and I understand that you can not have full time employees and still qualify for the Solo 401K, so I have a couple of questions about this. My busin...
When using a self directed IRA to purchase a rental property, are you able to use a combination of the IRA funds with bank financing as well? Then the second part of the question is can you BRRRR the property and rem...
Long story short, I would like to funnel all the rental income from my properties to my property management LLC and pass profit/loss onto me after deduction. I am interested in doing this because I can potentially exp...
Being successful in real estate investing is no easy thing – it's not just about mastering facts; it demands a toll on physical, emotional, and philosophical levels. Amid the chaos of decision-making around buying, se...
Considering creating (or repurposing an existing llc to) a small real estate management company, specifically to manage properties that we already manage (we are a married couple w/a small portfolio and handle 85% of ...
I'm hoping someone could help me with this, I live in Illinois and a friend of mine is moving out of state and asked me if I could take care of the management of his property, but according to what I've read in this s...
Hello bigger pockets community,I’m working with a wholesaling company and one of their strategies is to have their cash buyers lined up ready to go under contract on the day they find deals. My question is should you...