Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...
Hi, everyone. I wish everyone knew how great this strategy is, so I'm trying to spread the word. I'm not selling anything, just trying to let people know how it works. When you're paying your mortgage month in and mon...
Hey all, I am on bigger pockets simply because I want to help beginners make that leap like I had to all on my own before I knew about bigger pockets. A quick blurb on my experience : I am a serial House Hacker I am ...
We are currently in the middle of a scam by erentpayment.com. They have taken money deposited by our tenants and have refused to pay us. They have been very limiting with information and turned their phones off and ...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Hi All,I opened an LLC in Colorado bc I'm part owner of a property out there. Can I use that same LLC to put the deeds of my California properties? Any tax issues or problems that can occur if I were to do this?Than...
Hi all,
I’ve been trying to read and learn as much as I can over the last 9-12mos or so, especially during this quarantine. I have invested on some crowdfunding websites and directly into syndications, however I am l...
I understand you want to put a piece of rental property into an LLC for personal asset and liability protection, BUT how do you do that without triggering the "Due on Sale or Transfer" Clause if you still have a mortg...
Today we sent our investors a special update on the impact of Coronavirus to the Las Vegas market. I thought it would be helpful to share it here.
There are multiple canceled events and conferences. Hotel occupancy i...
check out this interpretation of the case-shiller index over the last 30 years. Basically several huge, long run ups, and a few short, minor corrections. Tricky and challenging to get in, but this is how you make the ...