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I recently ran into a friend that is much older than me (I'm 23). I told him about my dreams of getting into investing and the different strategies I have learned through Bigger Pockets. He liked the idea and the ambi...
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Looking at a deal in Northern Kentucky. It has been on the market for 45 days. They just lowered the price for the second time, now its close to the comps in the area. Current owners lived there for two years and did ...
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TLDR: I'm a buy and hold investor. I have a unit I'm interested in renting out specifically to people looking to do rental arbitrage. What should I included in my lease to make it fair on both ends?Long Version:I have...
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Is there anyone here using virtual CPA called 1800 accountant? They claim they are comprehensive account who is expert in filing tax in everything including real estate, business, cryptocurrencies, options trading at ...
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Hello All! I just graduated college in May 2016 and took the necessary courses to become a real estate agent. I feel confident that I would pass the exam, I just have some confusion on how the process works. What do I...
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Hey BP,Looking at starting an LLC to manage future investment properties. Anyone have experience operating an LLC and not having to pay self-employment taxes? Here's my understanding of the IRS code on this question...
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I am a new investor but I've been studying up for about 6 months now.I have a clear outline on where I want to BRRRR.I have a good handle on the 70% "rule" and the 1% "rule"However, now that I am all systems go, I am...
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I feel confident I could execute a deal if I could find one. I just can't. Im looking in Desoto county in Southaven, MS area which borders Memphis, Tn. I have looked on all the sites like the mls, realtor.com, trulia,...
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I am forming a 50/50 partnership LLC for flipping rehabbed properties. 1st question should I use myself or an llc for my 50% membership? 2nd question is taxes. Do we elect to do our own taxes (each member) at the en...
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Hey guys!What tips do you guys have for vetting other Co-GP’s /Sponsors to potentially work with (especially not in your local markets!)? I have gotten pitched a few times from a few sponsors across different parts of...