If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
For those of you who've read Rich Dad Poor Dad, I have a question. Author Robert Kiyosaki advises to own assets, not liabilities. He says that buying your own house is a liability, since cash leaves your pocket each m...
Hello Bigger Pockets! I am experiencing my first vacancy and wanted to ask a question concerning the security deposit. The tenant really did a number on the place and I want to make sure I’m in my legal rights to keep...
Hello BP! I've made multiple offers this year, and I've lost on all of them, either to higher bids or all cash bids. Not much I can do there, but I just put in a new offer on a property and I would like to see how my ...
I am going to acquire my first property shortly and I need some questions answered about house hacking and the process from start to finish
Hi there,Does anyone have experience with Estero Investments or Buller River Development Partners (they’re joint companies). They specialize in new construction properties for investors. They have new and planned prop...
I've been looking for my first out of state BRRR deal in Kansas City and since I don't know the area very well I think I'd prefer to have extra help for my first deal. I have an $82k HELOC and my main goal on my first...
Hey guys, So I've heard this rumor that the goal in real estate is to actually make money. With that being said I am very confused as to how this deal would make sense to anyone. Now I am still cutting my teeth when ...
So this is an idea that my wife and I have been bouncing around for the last couple of months. We are new to investing and looking for some rental properties. Preferably we would like to start out with short term/Airb...
Hello all! Just getting started to REI late in life (well...late relative to my young teen-20's). Like many I've read about already, REI was something I never payed attention to throughout life other than thinking ...