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I understand the math behind it, so I'm seeking opinions more than anything. I the general consensus in real estate investing is to leverage yourself into greater wealth. While I understand that, I would say it's defi...
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I am a lot like and nothing like a lot of the other college students I see on here. I am a 22 year old junior moving into my senior year of an engineering degree and I am looking to get started in the real estate real...
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Not asking for or expecting legal advice here, but I thought someone might know the answer to this.
If I create a new LLC to hold a property, I assume it might take some time to establish a credit card for business e...
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I am trying to way the pro's and con's of renting vs. owning. I rent currently and do not think it as bad as some people think. I'm looking for feedback and factors that I may be overlooking. On the investing side ...
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I know the subject makes me sound dumb, but I’m serious. It’s best practice to set up an LLC to protect your personal assets, but from what I’ve found, it’s nearly impossible to get your first property under that LLC ...
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New to investing and have a question on financing LLC owned properties. My husband and I bought our first property in May. Our plan was to rent it but now it looks like we will be selling it due to an offer we just ca...
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Do you recommend forming and LLC for each property separately? Is it worth the cost? Also, am I correct if an LLC is registered in a state that has no state income tax I won't have to pay income tax on the rental in...
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Good mornin' folks,I am currently a financial planner in the DFW area researching the financial needs of real estate professionals. Below are some of my questions:As a real estate professional, how could an a financia...
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Afternoon BiggerPockets Tribe! I have a 38 unit mini-storage building under contract. It is a one 2800 sq ft building facility (built in 2004) on approx. 1 acre of land. With the opportunity to build more buildings an...
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I purchased a SFR property years ago and I financed it under my personal name. I then transferred the deed to my LLC. My CPA advised me to transfer it back to my name and not leave it in the LLC. His reason was that I...