Alright guys and gals, I'm new to the MHP business so bear with me. Providing your business plan involves hiring a tenant to be your manager, how do you typically compensate them? For instance, in Multifamily investin...

I have a tax question on water heater replacement. I Know it should be a capitalized expense written off over X amount of years. Last year I replaced a water heater and in doing my taxes using Turbo Tax there was so...

Pretty much described it all in the description above.  New to REI.  First rental after a very nice rehab in Cook County outside of Chicago.  I'm comfortable with screening renters but wondering if anyone out there in...

Read the following US News & World Report article and share your thoughts on your market.http://goo.gl/Y7GmTmI'm a proponent of buy & hold in Jacksonville FL.  What's your market like?

Considering creating (or repurposing an existing llc to) a small real estate management company, specifically to manage properties that we already manage (we are a married couple w/a small portfolio and handle 85% of ...

Hi Bigger Pockets Community! I am entering into an excellent deal renovating and redeveloping a historic boutique hotel in Albany, New York. I am looking for others who have done similar projects to chit-chat with and...

This is in conjunction with an earlier post regarding the sale of my property in Chicago and the purchase of a property in the Indianapolis area. I have been researching the 1031 exchange process and have come across ...

Dear BP family, I am finally on my way to start my small business. I have setup an LLC as a C corporation. I have the option of turning it into an S corporation. Year 1, I intend to keep my W2 job while i work to get ...

Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...

This house was a 2/1, but there is a sliding glass door in back, where owner put on a very small addition with a half bath. Floor appears to have a very slight slope, and roof shakes a little bit when you walk around ...