Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
I've recently moved from Texas to Ohio and currently working on the paperwork for my first wholesale deal in Dayton, OH. I'm licensed in the state and know that disclosure is absolutely neccessary. With that being sai...
Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...
I need your help with something and I’m having a hard time finding help at the local level. Some people say it’s legal, some say it’s not, some have ideas on how to make it legal, which I’ll love to here and will addr...
My experience with Memphis invest has been great until my first tenants broke the lease, and left with $3900 repair cost. What separate Memphis invest from other turnkey providers is their excellent customer service. ...
Thank you so much again to all those who were so kind to answer our question on the 15 vs. 30 year mortgage. We would like to ask one other question - this time regarding cash flow .We've been searching for 2-3 months...
Hello BP!When first starting out using a Buy and Hold strategy and with limited capital, do you think it's better to purchase a bunch of lower priced properties in lower quality / depressed areas or spend a little bit...
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
I have been investing for just over 10 years. I started with a duplex where I lived in one side and rented out the other. I now have 13 properties. I feel like I know what I am doing, but whenever I look at my numb...
Hello BP!!!! I have waiting for this day and it has finally come. I have got my first wholesale deal underway and I have got a house under contract!! I am excited but anxious at the same time as I do not know where to...