Welcome to our question of the week! Based on last week's responses, we have a lot of lurkers that have not purchased their first property. Buying the first, or even second and third can feel pretty nerve wracking. So...
I've been wondering lately if the American people would rise up and fight for ANYTHING? My personal opinion is that the American people would give up every single right they have (including their property) and become...
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
Hello BiggerPockets Community,
I am in a little bit of a situation and looking for help. My wife and I have been flipping homes for the last three years, we have flipped 30 houses with all of them being profitable. M...
This is my first time being a landlord and it's safe to say I'm not very good at it (yet). I came across Bigger Pockets a few months ago and am now seriously considering pursuing REI, but realize I need to change how ...
Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
I created this post to address a question I get from many other landlords. What if I have do an eviction (and what will it cost)?During the pandemic many landlords in WA State were prevented from evicting problematic...
Hi Peter "newbie" here, I'm new to BP and looking for Pros and cons on rolling my company-sponsored 401k into a self-directed IRA to purchase rental properties. I understand you have to go to a Trust Company/custodian...
My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...
Went to the building dept in my town today, I have some electrical work that needs to be completed in order to get a clean certificate of occupancy, anyway they said that i needed a licensed electrician to do all of ...