Hello BP community,I recently created an LLC to manage my rental property and separate business and personal expenses. I have questions about how to use my business checking account to pay for expenses for the rental...
Hello Everyone,First time post and first time investor...I'm in the market for a triplex or quad in Phoenix, Mesa, Scottsdale, etc. Lets list the concerns at this time.1. I can't find a unit that will cash flow at 50%...
Hi Biggerpockets community,
I would like your input on my personal situation and whether real estate investing might be a suitable avenue to achieve my goals. The reason I'm researching this avenue is despite saving...
Hi. I am a newbie in the Las Vegas, Nevada area and I'm looking to put up bandit signs. I'm not sure on where to find the laws of putting up bandit signs in my city/county. I definitely don't want a fine. How can i g...
Hi,
Can one of you walk me through how taxes work on an investment property?
Let's assume the following. 50k property.
Income - PITI = $910 in cash flow for the year
Rental income - (Intere...
My business partner and I currently hold an investment property in our names via an unsecured note. Our initial financing attempt through the broker channel collapsed a week before closing, so we pivoted to a local ba...
Hello, I've been wanting to get into real estate investing and I think I have found a house that would allow me to start. It is a neighbor of my grandparents. There was a lady and her niece living there, 100+ and 70+ ...
Hi everyone!
I looked at a 20 unit apartment building. Currently it is 100% vacant. The area is developing and I am assuming in a couple years the area will go up in value. The city is building a huge park, stadium an...
I have decided to become a passive investor in MF. I am just starting out and my research indicates the syndication will create a LLC so there does not seem to be a need for me to create one. That said, should I ope...
This is an inherited tenant. Their rent is under market by $125 or so. They had trouble at the beginning paying on time, but slowly improved and always ended up paying the late fee.This month they sent a check that bo...