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Hello! I'm new to house flipping and feeling a bit apprehensive about moving forward with my first deal. Do any of you have some advice for this initial flip? Any tips or insights would be greatly appreciated!
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Hello all,Right now, I currently have all real estate assets and no money in stocks. I met with a financial advisor yesterday, who is a trusted friend-of-a-friend, and suggests I put a chunk of money into tax savings ...
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Hello everyone! I am reading "The Ultimate Beginners Guide" right now. Question for everyone. It gives a quick definition of the 2% rule (the rent should equal approx. 2% of the purchase price). I know this is not int...
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Could we really be worth close to a million dollars? So me and my wife started a real estate company up 3 years and 5 months ago. We have 11 sfh’s and a duplex. Finishing up remodels on 3 sfh’s now. So on to are situa...
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So I'm buying a personal residence for myself. Came across this house that fit nearly all my parameters but the place needed a lot of work and they were asking more than I qualified for. Passed on it and kept search...
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Deal Analyses – Estimating CostsA while ago I wrote a series of posts ranting about the current state of the residential income property market in Stockton, CA. In each post I highlighted a current listing and argued ...
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Hi BP,I am very new to entity world here. However, I have recently been looking into asset protection for our rental properties. Two companies came up 1) Andreson Advisors 2) Royal Legal Solutions. Anderson set up a h...
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Im new to BP and posted my first blog entry at http://www.biggerpockets.com/blogs
I was expecting some insightful comments and criticisms. Did not get any. I noticed none of the other blogs dating back weeks appear t...
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I have been a member of BiggerPockets for several months now and have been super quiet in the forums. I guess I have been quietly learning and absorbing as much information as I can :-) but my plan is to become mo...
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Afternoon all :) Appreciate everyone's help in advance. Would like some advice on how to minimize my tax liability by setting up a company.I own a primary home in CA, and out of state SFRs. Everything is under my ...