Hi BP I've been lingering around the site, mostly using calculators for a couple of months now. I'm about to purchase my first 4 plex if the deal goes through. I plan to house hack it. I suppose I'm a typical starter,...
Hey guys,I want to know if it would be a good idea to start a partnership with a general contractor with extensive contracting experience but doesn't have much cash on hand? How should I structure the partnership? He'...
Hello, my name is John Ellzey. I have been a landlord in one capacity or another since 1986. I currently am mid-renovation on a single family home. I'm a member of the Austin Real Estate Networking Club. I came across...
I recently filed for an LLC with the state of Florida that includes myself and two others.When filing for an EIN, if I choose to be taxed as an S Corp (form 2553); will my LLC become an S Corp or remain as an LLC with...
Hi everyone,My name is Xiaojun. I always have a passion in real estate. My favorite hobby is to look at open houses over the weekends. A random search on Google few months ago led me to BiggerPockets. I was absolu...
I live in San Francisco Bay Area, California. I want to start investing in real estate but the market is prohibitively expensive and I cannot afford a house here for investment. I’m considering investing in Tennessee...
Hello Bigger Pockets members,My name is Marvin and I currently live in Baldwin Park, CA and work as a Civil Engineer in Riverside, CA. I am a newbie to Real Estate investing and hoping to obtain my first property by t...
We have 2 SFH investment properties and we are looking to add two more by the end of 2021The deals are in the properties that need rehabbing. We have never done rehabbing. Both my husband and I work full time. We are ...
Hi BP community,I am in my first year of investing. I currently own one duplex which i am still renovating and hope to start renting here in a few months.I purchased this duplex last year and have never filed taxes as...
What are the cons of doing a 203k loan as a first-time home buyer? It seems like a fair way to purchase a home in need of some TLC, where with the right guidance and expertise if you purchase this home at fair or low ...