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Four years ago today I was wandering through life thinking I had made it. I was working a corporate 9-5 job, good pay and would use my 10 days of PTO for the amazing 1 week getaways. Jan 1st 2017 happened to be the la...
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I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
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For those of you who say the eviction moratorium doesn’t/hasn’t affected you. I’m here to tell you it does. If you own rental property, but “haven’t had any issues”, 12% of mom and pop housing providers- your colleagu...
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I've been thinking what people would do (or rather, what's the best thing to do) when they receive a lump sum of money for whatever reason.
Would you...
1. Pay off your primary residence (90-100%), and invest the re...
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I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the i...
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My father died 2 years ago and left everything to my wonderful step mother. My step mother has made it very clear that the balance of her estate is to be divided 3 ways between my sister, my sisters daughter/my niece,...
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I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
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So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
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I've listened to many of the podcasts on this site. Many recommend that a buy and hold investor should start by managing his/her own properties. I was wondering if anyone could tell me what they have gained by managi...
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First post alert! Greetings Bigger Pocket Family!For those seasoned investors (or newbies), how did you get started? Let's be honest, there is a wealth of information found all over the internet and in Podcast. Howe...