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Hello - I've been slowly buying and holding SFH and duplexes for last 5 years - total 9 doors and they have done quite well in terms of CF and appreciating. I also ventured into STR and bought my first cabin in the s...
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I know it's vulgar to talk about money, but as of today I have $25,862.64 sitting in a 401K from and old employer. The returns are horrific. It's not much, but I'd like to put that money to better use by buying a rent...
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I am member of a LLC (more than 1 member) that was formed in 2007 and we buy and sell residential property. I am getting ready to prepare tax form 1065 (and the related K-1 forms). We have bought & sold 2 proper...
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Curious if anyone has any experience in absentee buy and hold SF rentals with a turn key management company? Also interested in Chicago market as we live in Florida but my wife's family is in Illinois. We travel up ...
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Hello everybody,I am a new member to BiggerPockets, and also definitely a noobie when it comes to real estate investments.Currently I am working as a Franchise Development Director for Red Roof Inn, and I am starting ...
Hi there. I am totally new to real estate investing. I was fortunate enough to come into some $ due the sale of a house in the Silicon Valley, and I used some of the proceeds to buy a beach house which I plan to rent ...
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Okay guys, your newest wholesaler has another question:I am currently researching some the the vacant properties around my area and I keep writing down this note about the "value" of the house. What is this?Is this th...
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Hello!First post on BiggerPockets, as a huge fan of the podcast. Oddly, I'm a bit proud to have a naive question to start with.My business partner and I are in the process of creating an LLC, and I realized I have som...
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This post is meant to be informative in nature, since I found it a little difficult to find all of the answers I was looking for regarding Texas LLCs and I wanted to share my findings on BiggerPockets. Naturally, I wi...
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I’m looking for some help understanding how my income from a VT STR is going to be calculated. I’m anticipating a 30k gross and 10k net income after expenses. Does the gross or net income get taxed? Since I’m only MAK...